RE:Echelon Lithium conference.In ref to and earlier post Apr.03 ‘Something to watch’
China plunges prices 34%
The price of Lithium has been questionable now for a little while and has to be looked at globally. Asia is the largest Market and is controlling the price. LME is trying to get more regs in place to keep it under control. IMHO Index pricing is crucial to the guaranteed stability for buyer and seller for contracts going ahead. Prices can be adjusted to quanity and demand instead of this willy nilly pricing we have been seeing for awhile now.
I wouldn’t want to be in sales or purchasing on eighter side. Budget forcasting would be a nightmare.
Nothing to do with the SP just the ramblings of an old man.
as usual DD advised