General Discussion Topics, page-108883

https://www.mining.com/web/chinas-path-setting-lithium-futures-tumble-on-trading-debut/
Sorry if already posted.
This is the cause of the rout.
A very volatile debut to Li futures in China.
Contracts for delivery in 6 mths time.
The oversupply story again, and maybe with alittle manipulation by those who can e.g CATL.
From reading over the weekend, many of the new expected supply to China might not happen.
African nations are wanting to refine at home and questioning contracts in place whether they be with Australia or  China.
LLL, AVZ.
Russia and Wagner may also be putting pressure on some of those nations looking at recent news.
With all the upheaval in weather patterns this could effect evaporation ponds, which rely on a consistant weather pattern for viable production not to mention Local population water needs.
China has implemented a conservation bill in reference to the Qinghai Tibetan plateau, the source of water for most of Asia and where the Li Salt lakes are.
No more illegal mining was mentioned.
Many projects are behind schedule e.g. LKE.
Alita won't be sending anymore spod to China soon!!
The severe Li squeeze is over, however predicted new and old supply for China is difficult to calculate as it  can change from week to week and so will Chinese futures contracts for Li.