I'd say SQM's action today is coming from the ferts. That's besides SQM's chart telling of a rise to come. Most of the ferts today are showing real strength. One stock I checked was BG. After a few moments of looking at it's chart; it was easy to see it's flashing signs of a real uptrend. Anyone with some cash on the sidelines should take a position right now. I would but my investment account is in transit from UBS to Morgan Stanley b/c my broker has just moved. I would also be very much tempted to up my position in SQM also at this point. As mentioned CGA is off to the races. I own it, and from what I can tell they've had a favorable tax treatment from the Chinese gov. in the fact that VAT taxes have been relaxed. I guess we'll see what happens.
I think you are right, plus POT was up over 2.00 dollars.
Oh by the way,, SQM is one of the largest producers of lithium, right after Bolivia. I also think SQM dictates prices of lithium, case in point last time SQM cut prices on lithium the stock rallied big time.