This chinese "oversupply" narrative is utter horseshit.
How can there be "oversupply" when the demand and output of lithium has increased continually YOY and MOM? Isn't anyone aware of how many EVs china's automakers are churning out these days? It's more and more by the day, into bigger and bigger markets.
Those that fall for the false "oversupply" narrative will find themselves cuckolded when china claims to have done something about this "oversupply" but ohhhhh something else just happens that keep the price of spod suppressed. Whoopsies!
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