LYC 0.77% $6.56 lynas rare earths limited

Big time +Prices

  1. 19,583 Posts.
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    Huge one day jump in prices, particularly on top of a month of steady appreciation.

    Downstream will be scrambling to rebuild inventory if there is any indication this will continue:

    NdO +3%
    NdPr +2%


    Neodymium oxide content 99.0-99.9%
    13% VAT included
    Avg.:331,500
    +10,000 (+3.11%)
    Price Range:330,000 - 333,000
    Date:Aug 06, 2020


    upload_2020-8-6_16-9-40.png



    Praseodyium-neodymium oxide content ≥99%
    13% VAT included

    Avg.:312,500
    +6,500 (+2.12%)
    Price Range:310,000 - 315,000
    Date:Aug 06, 2020

    upload_2020-8-6_16-11-17.png

    Also note break out price action & volume action industry giant CNRE, looks like Chinese punters are piling in after a long absence:

    https://finance.yahoo.com/chart/600...sTmFtZSI6IuKAjG1hY2TigIwgKDEyLDI2LDkpIn19fX0-
 
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