19
Nov
15:34
LITHIUM: SQM expects prices to reach $12,000/t in Q4
Chile’s SQM expects both demand growth and prices for lithium to rise by around 50% this year, driven by strong demand from EV sales and tight supply conditions, Kallanish reports.
The company said in its Q3 earnings presentation that the average prices for its lithium in the fourth quarter of the year should surge 50% compared to Q3 2020 as legacy contracts expire. The battery raw material was sold at an average price of $8,400/tonne last quarter, up 5…
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Anonymous
Very good overview of the weekly steel market.
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