Thankyou for your reply
regardless of what you say, the price differential gives me an indication of what’s happening in the spot market and how manipulated it is. I understood your example yesterday, but I can put other arguments to prove why it is worth pushing the prices down. So whilst you may work in financial markets, I am a tax accountant and economist and extensively read on what’s happening - so I have a good understanding of the overall dynamics
todays price action, and volume was clearly lit up to some extent by Vanguard - ESg funds adding 9 million @ an average price of $4.72 since May 23 as per data disclosed - ( I calculated on excel) - shorts started to cover or got stopped out and finally market participants realised the lithium carbonate prices sold to other countries - all pointing to manipulated lithium markets - everyone wants to follow the Chinese markets which don’t feel fair and equitable
I am of the opinion that the market experts are not incorrect in saying the Lithium demand will exceed supply, it is more of a market dynamic or narrative to push down Lithium currently
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