this commodity trader has visited china, is aware of the Africa trade, understands how the Chinese are using lepidolite in the supply chain and
reckons the bottom for spod might be around $800
well PLS seems to be there already. Got $804 in the March '24 quarter and $840 in this quarter.
So not a lot of downside from here, I'd say. In fact maybe more upside should there ever be any imbalance in supply and demand in the future caused by may be missteps by a major producer, other small operations closing down etc
the lithium talk starts at 49:16
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$2.97 |
Change
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Mkt cap ! $8.942B |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
4 | 716181 | $2.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
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View Market Depth
No. | Vol. | Price($) |
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1 | 338 | 2.950 |
5 | 74501 | 2.940 |
5 | 20445 | 2.930 |
9 | 100440 | 2.920 |
Price($) | Vol. | No. |
---|---|---|
2.990 | 39749 | 3 |
3.000 | 90073 | 11 |
3.010 | 93481 | 5 |
3.020 | 125136 | 14 |
3.030 | 53015 | 6 |
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