The rate in growth has slowed in percentage terms not in real number terms! As you said numbers don't lie.!
With regards to supply, some negative opinions yell over supply, but what they fail to prevent is a schedule that shows the increase of the supply and the companies and locations where it comes from. They say Africa......nothing is coming out of Africa for years to come, Canada, Very little if any from there yet, South America I question also.
What is happening is cheap low quality LIT that is used by the Chinese. The top level LIT coming from Greenbushes and will be coming from LTR and perhaps PLS later demand higher prices. IMO
Good News & Bad News, page-36337
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$2.91 |
Change
0.070(2.46%) |
Mkt cap ! $8.460B | |||
| Open | High | Low | Value | Volume |
| $2.85 | $2.92 | $2.80 | $29.94M | 10.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 59 | 337132 | $2.90 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.91 | 118546 | 28 |
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