its all cyclical mate:
china NY - usually follow an uptrend in price thereafter
in Aus unemployment pushing on RBA to reduce interest rates = spending will start to increase ie EVs, scooters, power tools, drones etc....
inventory of spod converters at near record low levels....
many analysts believe Spot prices have bottomed. so either stabalisation or some push in other direction is expected
SYA have cost base review expected this QTR along with Mob DFS, NAL carb/hydro report etc ie news most likely positive sentiment imminent.
I am convinced we are now seeing a controlled exit by the "in the know" shorts with some potentially less savy shorts likely to be on the loss end with later exits.
etc etc etc...
An if these rumours of a partnership or JV for a carb plant is true it would add to the fire but supposedly this is just non-price sensitive atm.
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