Lithium: Who’s right and who’s wrong on the price outlook? Posted on - 11 Oct 2023
Category - Features
It’s fair to say that in a 20+ year career of material strategy and price forecasting I’ve never seen as large a variance in both the near- and long-term as I have seen on price forecasts for lithium. A number of large investment banks are extremely bearish on the outlook for lithium prices, suggesting that they will go back nearly to where they came from in 2020, while industry specialists are much more bullish, with one producer suggesting to me a few weeks ago that prices would go back to US$80/kg. The small size of the lithium market and its... Login to read full article https://www.batterymaterialsreview.com/lithium-whos-right-and-whos-wrong-on-the-price-outlook/
The [lithium] market is no longer controlled by a few major producers and consumers. The growth in demand from EVs has brought more players to the space, and with it, large volatility.
Traditional opaque, fixed price, long-term contracts are not befitting of the current market dynamics, so the move to contracts referencing a spot index was a necessity to increase transparency and enable a more efficient price discovery process.
Have your say on Fastmarkets proposes to discontinue its lithium contract price assessments to reflect the evolving lithium marketplace.
To provide feedback on the proposal to discontinue these price assessments, or if you would like more information about this consultation, please contact Dalila Ouerghi or Zihao Li by email at: pricing@fastmarkets.com. Please add the subject heading: “FAO: Dalila Ouerghi/Zihao Li, re: Discontinuation lithium price assessments.”
If you can not post you might as well do DD. This one has been moving up and lots of trading on US side. Give a thumbs up or a smile let me know you are out there.