Posted On: 08/08/2016 9:49:37 AM
Post# of 22940
$TPAC BREAKING NEWS: TPAC Export Division receives request to export lithium to China. Sample shipment 500MT.
500 Metric Tons = 2204.62lbs x 500 = 1,102,310 lbs
Using the $4,500/ton figure below to calculate the above.
$4,500 x 500 = $2,250,000
Value of SAMPLE order: $2,250,000(or more - depending on grade of lithium being shipped)
“the price range as of today for lithium carbonate varies depending upon volume, customer, and contract commitments between a range of approximately $4,500 to $5,200 per tonne.”
Prices for high-purity, battery-grade lithium chloride range from $6,000 to $7,000 per tonne while the range for the technical grade is $5,000 to $6,000 per tonne
Source: http://investingnews.com/daily/resource-inves...ices-2012/
Demand for lithium—the hottest commodity on the planet and the only commodity to show positive price movement in 2015—is poised to continue on its upward trajectory, becoming the world’s new gasoline and earning the moniker of ‘’White Petroleum’’. And the battle for market share in and around this commodity has everyone from major tech players to trend-setting investor gurus vying for a foothold
Source: http://oilprice.com/Energy/Energy-General/Tes...ouble.html
What Will The Price Be In 2016?:
What I can tell you is that there is currently a “wild west” pricing environment in China with prices spiking into the teens in USD terms but the price paid in a few spot transaction is not “the price” of lithium carbonate — even in China. I can also tell you that members of the “Big 3″ have signed a few full year 2016 contracts in the low $6,000 range; however, most customers around the world will pay substantially more than $6,000/MT for lithium carbonate this year.
Source: http://investingnews.com/daily/resource-inves...joe-lowry/
500 Metric Tons = 2204.62lbs x 500 = 1,102,310 lbs
Using the $4,500/ton figure below to calculate the above.
$4,500 x 500 = $2,250,000
Value of SAMPLE order: $2,250,000(or more - depending on grade of lithium being shipped)
“the price range as of today for lithium carbonate varies depending upon volume, customer, and contract commitments between a range of approximately $4,500 to $5,200 per tonne.”
Prices for high-purity, battery-grade lithium chloride range from $6,000 to $7,000 per tonne while the range for the technical grade is $5,000 to $6,000 per tonne
Source: http://investingnews.com/daily/resource-inves...ices-2012/
Demand for lithium—the hottest commodity on the planet and the only commodity to show positive price movement in 2015—is poised to continue on its upward trajectory, becoming the world’s new gasoline and earning the moniker of ‘’White Petroleum’’. And the battle for market share in and around this commodity has everyone from major tech players to trend-setting investor gurus vying for a foothold
Source: http://oilprice.com/Energy/Energy-General/Tes...ouble.html
What Will The Price Be In 2016?:
What I can tell you is that there is currently a “wild west” pricing environment in China with prices spiking into the teens in USD terms but the price paid in a few spot transaction is not “the price” of lithium carbonate — even in China. I can also tell you that members of the “Big 3″ have signed a few full year 2016 contracts in the low $6,000 range; however, most customers around the world will pay substantially more than $6,000/MT for lithium carbonate this year.
Source: http://investingnews.com/daily/resource-inves...joe-lowry/
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