It seems to me that the mere whisper of the possibility of using REE as a potential weapon in a trade war has already had a lasting effect. The US Australia trade negotiations are just one example of what must be many parties looking for stable supply sources, even if it comes at some cost. Lynas has positioned itself perfectly as a safe, reliable, and capable source of these critical materials.
The ongoing trade war war will undoubtedly have some effect on REE prices through the timeless forces of greed and fear (and could cut either way ). But this will be a short term effect, I reckon. I think the near term downside risk to prices will be more than balanced by the long term steady growth in demand that is expected to continue for years to come.
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$7.75 |
Change
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Open | High | Low | Value | Volume |
$7.84 | $8.00 | $7.73 | $14.92M | 1.897M |
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No. | Vol. | Price($) |
---|---|---|
26 | 9245 | $7.75 |
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Price($) | Vol. | No. |
---|---|---|
$7.76 | 12677 | 43 |
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No. | Vol. | Price($) |
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13 | 3156 | 7.740 |
7 | 14472 | 7.730 |
13 | 10729 | 7.720 |
18 | 32008 | 7.710 |
10 | 10742 | 7.700 |
Price($) | Vol. | No. |
---|---|---|
7.750 | 5931 | 29 |
7.760 | 18268 | 44 |
7.770 | 19210 | 33 |
7.780 | 8460 | 10 |
7.790 | 11479 | 11 |
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