FMC Sees Lithium Prices Up 10%
FMC Lithium announced today 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.
"During 2012 continued raw material price pressures and rising transportation costs has made this price increase necessary," said Chris Senyk, global marketing director, FMC Lithium. "FMC continues to manage costs aggressively while reinvesting in our business."
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.