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Lithium prices under pressure

01 December 2009


Contract negotiations for supply in the New Year advance; pressure from SQM cuts

Keywords: lithium, lithium carbonate, SQM, Chemetall, FMC

Lithium carbonate contract prices for the New Year are coming under pressure following an announcement earlier this year by SQM SA, one of the world’s leading suppliers, of a 20% decrease for 2010.

 

For now, lithium carbonate prices (del continental, USA, large contracts) are in line with levels published in IM of $2.8-3/lb. Prices are however expected to decline by approximately 20% at the...








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