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IBDvalueinvestin (98.62)

Lithium batteries will go up by 20% if makers



June 21, 2011 – Comments (1) | RELATED TICKERS: ROC.DL , PPO.DL , LIT

of the batteries pass down the cost to consumers of the raw material starting July 1st 2011.

1 Comments – Post Your Own

#1) On June 21, 2011 at 11:43 AM, IBDvalueinvestin (98.62) wrote:

A supplier like Rockwood can't increase lithium prices by 20% unless the consumer agreed in advance that it will accept the increase because its a high demand product and the price increase will be easily passed onto their customers.

Which of course is us the users of iPhone, iPods, iPads, notebook computers, laptops, electric cars, etc, etc 

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