For lithium price to fall to a low of $600-$800. The lithium market as some claim is hugely over supplied. Producers are overstock and only buying at a minimal. I don’t think that’s the case after the announcement by Ganfeng from 160kt to 310kt in 2024 and Changxin from 70kt to 85kt in 2024, increasing to 150kt in 2025. Both companies increasing in lithium offtake. Lithium prices are on the rise and companies should start restocking soon. To me 2024 is like 2020 all over again.
Good News & Bad News, page-39774
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Last
$3.07 |
Change
0.090(3.02%) |
Mkt cap ! $9.197B | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.09 | $3.02 | $74.82M | 24.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 10000 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |