You may also be wrong about the supply and demand . EV uptake will continue , maybe at a slightly slower pace than suggested a year ago , maybe not . As I understand it the main reason that Lithium price grew so high was the demand by Chinese refiners / battery producers was huge and the product was stockpiled . Last year the price dropped as the Chinese used up their stockpile and produced some battery material from their own low grade product . This had the effect of lowering demand and therefor price . As we have seen recently , some of the material was so poor it was rejected by battery makers . Now if CXO and other non profitable miners ( the Chinese miners fall into this category ) stop producing and wait until prices rise somewhat , we should see demand increase and therefor price for Lithium increase . I still believe that by LTR production , the price will be forced up by demand .
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Last
81.0¢ |
Change
-0.035(4.14%) |
Mkt cap ! $1.965B |
Open | High | Low | Value | Volume |
85.5¢ | 85.5¢ | 81.0¢ | $9.418M | 11.38M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 320584 | 81.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
82.5¢ | 33321 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 320584 | 0.810 |
9 | 202081 | 0.805 |
25 | 357474 | 0.800 |
7 | 161014 | 0.795 |
12 | 184149 | 0.790 |
Price($) | Vol. | No. |
---|---|---|
0.825 | 32636 | 5 |
0.830 | 271352 | 9 |
0.835 | 30000 | 1 |
0.840 | 174349 | 5 |
0.845 | 88499 | 6 |
Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
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