Lithium offer prices higher than anticipated: buyers

By Myles McCormick
Published: Friday, 21 October 2016

Initial offers from China have exceeded buyer expectations, although South American producers are said to still be holding off on making price proposals. Suppliers, meanwhile have expressed frustration at the “unrealistic” expectations of some buyers.

Buyers have expressed frustration with the high price levels of initial offers made for 2017 lithium contracts.

While the spike in spot prices seen during 2016 has led to speculation that the contract price will settle at higher levels, offers reported during IM’s latest market assessment were higher than buyers had...

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