Good News & Bad News, page-24858

The rats are pushing their narrative very hard. See below an extract just out on the news wire. MS really don't want to acknowledge the market experts. They have a one-eyed view that defies logic.

DJ Investors Mostly Bearish on Lithium; Supply a Focus -- Market Talk

0154 GMT - While some investors are bullish on lithium, most expect prices to fall further, says Morgan Stanley analyst Javier Martinez de Olcoz Cerdan, citing talks with more than 40 global investors on lithium dynamics. Demand has softened, especially in China, and MS doesn't expect Beijing to renew electric-vehicle subsidies, he says in a note. On supply, MS expects a jump in lithium projects being developed in South America, although some investors question the political will to advance those, he adds. "It is a relevant debate, in our view, as long term prices could be quite different if the bulk of incremental supply comes from the low end ($4,000-$5,000/ton) or the high end (>$10,000/ton) of the cost curve," he says.
([email protected]; @RhiannonHoyle)
(END) Dow Jones Newswires
March 02, 2023 20:54 ET (01:54 GMT)