Sociedad Quimica Y Minera De Chile SA ADR

SQM: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$68.00	Jjdwxrm	Mhyrkzxc

Lithium: We Forecast Prices Will Rebound in 2024, Boosting Producer Stock Valuations

Seth Goldstein

Jan 26, 2024

Lithium spot prices fell over 80% in 2023. As prices reached all-time highs in 2022, new, higher-cost supply brought the market to balance, sending prices plummeting. Bears say oversupply conditions will occur in 2024 amid rising supply and slowing demand as battery electric vehicle, or EV, sales falter.

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