SQM stock price is being closely watched by hedge funds that specialize in resource equities, as recent currency movements in the Chilean peso could impact export margins for Q3 The falling price of lithium was evident in the company’s full-year results. Full-year revenues from the company’s lithium unit were approximately 36% lower when compared to 2022. Lower prices were partially offset by record-high sales volumes, which were almost 10% higher when compared to the previous year. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. SQM stock price has been reacting positively to global EV market growth data. A jump in battery demand forecasts for 2025 from industry leaders has pushed institutional buyers to accumulate SQM shares, anticipating longer-term lithium supply constraints.
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