The 3rd Quarter is peak demand season for lithium in China. Demand "will receive additional support after China doubled subsidies [last month] for those trading in cars for EVs and other NEVs."
“With slowing China output and future growth plans slowing, the balance could tighten into peak season." Morgan Stanley commodity strategist.
LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-4260
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Last
77.0¢ |
Change
-0.035(4.35%) |
Mkt cap ! $1.867B | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 80.5¢ | 75.5¢ | $10.59M | 13.72M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 48744 | 77.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.5¢ | 154943 | 5 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |