I think the Chinese have ended up flooded with poor grade material from domestic producers and Africa.
From the reading I’ve done, I believe the African stuff has already slowed down but not sure about the Chinese production.
It would seem logical that there will be an undefined period of lag until the slow down in supply works its through through the supply chain. I’m personally not expecting any significant lift in Li prices until after CNY.
Surprised that SYA hasn’t already confirmed C&M but wouldn’t be surprised if they are a deer in headlights given the fun the company has had over the past few months.
General Discussion Topics, page-127847
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