LYC 0.34% $5.93 lynas rare earths limited

Big time +Prices

  1. 19,583 Posts.
    lightbulb Created with Sketch. 4969
    Huge one day jump in prices, particularly on top of a month of steady appreciation.

    Downstream will be scrambling to rebuild inventory if there is any indication this will continue:

    NdO +3%
    NdPr +2%


    Neodymium oxide content 99.0-99.9%
    13% VAT included
    Avg.:331,500
    +10,000 (+3.11%)
    Price Range:330,000 - 333,000
    Date:Aug 06, 2020


    upload_2020-8-6_16-9-40.png



    Praseodyium-neodymium oxide content ≥99%
    13% VAT included

    Avg.:312,500
    +6,500 (+2.12%)
    Price Range:310,000 - 315,000
    Date:Aug 06, 2020

    upload_2020-8-6_16-11-17.png

    Also note break out price action & volume action industry giant CNRE, looks like Chinese punters are piling in after a long absence:

    https://finance.yahoo.com/chart/600...sTmFtZSI6IuKAjG1hY2TigIwgKDEyLDI2LDkpIn19fX0-
 
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Last
$5.93
Change
-0.020(0.34%)
Mkt cap ! $5.542B
Open High Low Value Volume
$6.04 $6.04 $5.93 $23.75M 3.975M

Buyers (Bids)

No. Vol. Price($)
8 128544 $5.92
 

Sellers (Offers)

Price($) Vol. No.
$5.95 12481 2
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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