Are you implying that PLS' contractual pricing mechanism with its customers is based on what the Chinese government dictate is a fair price? If so, I'd encourage some further thinking.
Further, the ore sold on the BMX platform is not tied to any market indices - just pure supply and demand.
Chinese Government Regulator to Guide Prices of Key Commodities, such as Lithium, page-2
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Last
$2.89 |
Change
0.000(0.00%) |
Mkt cap ! $8.699B | |||
| Open | High | Low | Value | Volume |
| $2.90 | $3.03 | $2.84 | $130.7M | 44.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 352029 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 5945 | 3 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |