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eru
on May 22, 2020
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The economics of cheaper batteries
Cobalt futures are traded on the LME. So factories can lock in fixed prices for cobalt in advance.
eigenvalue
on May 22, 2020
[–]
This is not a deep market, with daily value traded in the millions of dollar (not hundreds of millions or billions).
eru
on May 22, 2020
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You can also go to your bank and have them sell you a derivative over the counter.
It won't help your average price (just the opposite), but it can take the unpredictability out.
Consider applying for YC's Summer 2025 batch! Applications are open till May 13
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