That said, it looks like lithium demand is driving SQM, at least in the short term.
FORBES: Chile Gets A Charge From Lithium
According to the ETF Finder at ETF Channel, SQM makes up 15.35% of the Lithium ETF ( AMEX: LIT )which is trading relatively unchanged on the day Friday.
FORBES: Bullish Two Hundred Day Moving Average Cross - SQM
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