You can find the answer of today's sudden LYC sp rise after reading these two articles:
http://investorintel.com/rare-earth-intel/chinas-rare-earth-exports-tumble-january/
"Global demand for Neodymium-Iron-Boron magnets is expected to increase significantly, led by strong demand in China. China is positioned as a particularly important market not only in terms of the level of growth in that country, but also in terms of raw material procurement. To realize medium-to-long term growth in its Neodymium-Iron-Boron magnet business, Hitachi Metals believes it is necessary to increase sales in China, along with the rest of the global market"
http://finance.yahoo.com/news/news-rare-earth-production-rises-122136973.html
Chinese REE demand UP -> Chinese REE export DOWN -> ROW REE demand UP -> ROW REE prices UP
-> ROW REE production UP -> LYC REE sales .....
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$7.22 |
Change
-0.120(1.63%) |
Mkt cap ! $6.762B |
Open | High | Low | Value | Volume |
$7.34 | $7.34 | $7.21 | $12.85M | 1.770M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
47 | 24373 | $7.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.23 | 13139 | 33 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 11692 | 7.230 |
30 | 15641 | 7.220 |
28 | 30626 | 7.210 |
20 | 18831 | 7.200 |
11 | 24794 | 7.190 |
Price($) | Vol. | No. |
---|---|---|
7.240 | 10388 | 30 |
7.250 | 17908 | 24 |
7.260 | 36800 | 14 |
7.270 | 27280 | 14 |
7.280 | 25297 | 11 |
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