Resumen de IM Prices - May-June 2018

Industrial Minerals

• ata increased its prices across all products and locations by 400 rupees per tonne on February 1, which at the time was equivalent to $6.21 per tonne. Most exporters in China were insisting on prices at prevailing levels. “Because there is no further news [about the planned consolidation], I am still keeping a watching brief… More supply is re-entering the market from Mongolia, with many producers returning to the market after the end of the harsh weather that had curtailed production until April. Because it is a land-locked country, Mongolian producers often transport material into China, where it is then sold into the international market. “Lithium prices in China typically pick up in the third quarter of the year because battery and cathode manufacturers have to fulfil their targets in order to receive government subsidies.