Good day Anatol
Another fantastic assessment of the Lithium Carbonate situation and it clarifies the false impression we all have of the 'price crash' in China.
As you have pointed out it is the small guys buying on the spot market.
Just today there is a PLATTS REPORT stating
CHINESE LITHIUM SALT PRICES RETURN FIRST GAINS IN FIVE MONTHS.
Your scenario is already playing out in reality!!!!!
We should not forget the crackdown on the lepidolite extractors and producers of lithium carbonate from lepidolite with the massive environmental damage, which the Government is now restricting.
Also,the cheap lithium carbonate made by the small producers will definitely result in issues in the batteries produced and before long the demand for the better lithium carbonate will increase.
We are fortunate to hold LTR and I will keep topping up on dips
cheers
- Forums
- ASX - By Stock
- LTR
- Lithium Related Media Articles
Lithium Related Media Articles, page-16418
-
- There are more pages in this discussion • 8,478 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
83.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.024B |
Open | High | Low | Value | Volume |
84.0¢ | 85.0¢ | 82.0¢ | $10.00M | 11.98M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 108577 | 83.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.5¢ | 53840 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 108577 | 0.830 |
16 | 305827 | 0.825 |
16 | 197810 | 0.820 |
7 | 342979 | 0.815 |
11 | 174828 | 0.810 |
Price($) | Vol. | No. |
---|---|---|
0.835 | 53840 | 6 |
0.840 | 70000 | 2 |
0.845 | 62634 | 3 |
0.850 | 178500 | 8 |
0.855 | 69256 | 5 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |