Its down (PLS and ORE)
because they both posted horrendous results.
Take note China, if you think the spod price rises will slow down you are mistaken.
The market is forward looking not retrospective.
Spod at US$1,300 pt and rising weekly
Carbonate at 110,000 Yaun and rinsing weekly
Brutal shortage has arrived.
This is nothing more than opportunistic price manipulation to flush out retail holders from the same clowns that have been getting away with it for years.
- Yahua is jammed out at +10%
- Tianqi is up +7.34%
- Ganfeng is up +4.73%
I got greedy today.
Not Advice
ORE Chart, page-1069
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