HPA is an industrial commodity with no formal pricing or daily...

HPA is an industrial commodity with no formal pricing or daily traded market of real volume that I know of. Pricing is negotiated between the two parties with no correlation to the aluminium market as these are completely different markets.

Given the above we need demand from batteries, bulbs and other tech to outpace supply for higher prices. Price has the potential to spike as bringing on supply is not fast and the amount of HPA Used in products seems low. Counter to that, FYI is not the only pretty girl at the party, it will have to compete and outpace the supply competition.