The year of the Dragon starts this Friday and will last one week.
my Chinese friends believe this will signal a reversal in fortunes for lithium and other commodities
The way things work in China is that annual plans are made and then activated after a Chinese New Year … which means there has been a drawdown of stockpiles etc.
The start of a New Year will trigger the commencement of some new buying in commodities generally
Was interested to read that the other Chinese lithium indicators/prices may have been up last night? (I don’t know where to check that).
WildCat incredibly resilient at these prices and building a solid base from which I bounce well (I hope!)
Chines New Year
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WC8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
30.5¢ |
Change
0.005(1.67%) |
Mkt cap ! $368.0M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 31.0¢ | 29.5¢ | $642.8K | 2.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 127110 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 398969 | 6 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| WC8 (ASX) Chart |