Chinese potash prices, meanwhile, are expected to jump to $360/tonne in 2017 from $305/tonne in 2014, and European prices to $430/tonne from $381/tonne over the same time frame.
The world's largest lithium producer, Sociedad Quimica y Minera (SQM) said in its second quarter earnings in August that demand in the lithium market had been "very strong during the first part of 2014, and it is expected to increase approximately 10% in 2014 compared to 2013", driven mainly by batteries.
IM 's prices for TiO[subscript]2 pigment (high quality, bulk) currently stand at $3,140-3,230/tonne CFR Asia; U2,600-2,640/tonne ($3,420-3,475/tonne*) CIF Northern Europe; and $3,360-3,400/tonne CIF US.
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