Lithium Market Report October 2012
2012-11-21 15:02:41 【Print】
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In October, lithium salts markets continued to be stable
. Market insiders reported that factories who got lithium from brine restarted production from August . Furthermore, the import of lithium carbonate increased dramatically and the supply was not as tight as that in June and July and manufacturers held inventory in general . At the same time, consumers were not in a hurry to make procurement and they took hand-to-mouth purchasing style . Rockwood Lithium, a division of Rockwood Holdings Inc . , announced that prices for butyllithium will be increased by 4 to 6 percent, effective on October 15, as contracts permit . Later, FMC Lithium announced on October 15 that effective November 1, 2012, or as contracts permit, it will increase global pricing for n-butyllithium and s-butyllithium and all specialty organic products by 8 percent . In addition, lithium metal pricing will increase by 10 percent . Increases apply to all standard and non-standard pricing.