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What in tarnation is going on?!, page-14

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Zeeshan

7,654 Posts.

618

15/07/19

16:27

Post #: 39527865
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Originally posted by porker: ↑

There you go GCar - if those graphs don't show tanking I don't know what does! I don't know what "top quality carbonate out of South America" has to do with it. Totally irrelevant. GXY sells Spod to Chinese converters. And before I hear the old "we have a contracted price" lets wait a few more sleeps and find out exactly what the Q2 price and shipments have been. I hope management will be upfront re costs while they are at it.
Latest battery-grade spot lithium prices

Market & price developments
Battery grade lithium carbonate spot price in China fell as low as 68,000 yuan per tonne.
Technical and industrial grade lithium carbonate spot prices followed the downtrend, touching lows of 59,000 yuan per tonne.
Asian seaborne prices unchanged.

Price trends
Lithium carbonate, 99.5% Li2CO3 min, battery grade, spot price cif China, Japan & Korea, $/kg
Lithium carbonate 99.5% Li2CO3 min, battery grade, spot price range exw domestic China, yuan/tonne

Lithium hydroxide monohydrate 56.5% LiOH.H2O min, battery grade, spot price cif China, Japan &
Korea $/kg

Lithium hydroxide monohydrate 56.5% LiOH.H2O, battery grade, spot price exw domestic China, yuan/tonne

Expand

I think you should ask Rahul from MS , what price is GXY receiving for their top quality product

you may have missed one of the previous telecons where Rahul was told why the numbers looked so high for our product.
Last edited by Zeeshan: 15/07/19

GXY Price at posting: $1.31 Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

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What in tarnation is going on?!, page-14

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