Hi all,
Not sure whether it has been posted before.
Recently the SP of several REE suppliers (including potential suppliers, inluding the stock in chinese market which I think dropped close to 10%) has be suppressed. I was wondering what the reasons could be, one of them could be the uncertainty of the macro economic. At this time so close to the release of 2H China export quota, this article might give some inside analyse, the quota might not be as optimistic as we thought(hope I am wrong).
I am a LYC holder, long term no doubt it will go up, but have a doubt in mind the 2H quota will change the current sentiment.
http://online.wsj.com/article/SB10001424052702304760604576426501004377160.html?KEYWORDS=lynas
this might explain the current sentiment
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.34 |
Change
0.210(3.43%) |
Mkt cap ! $5.926B | |||
| Open | High | Low | Value | Volume |
| $6.23 | $6.37 | $6.20 | $16.32M | 2.584M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 10131 | $6.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.34 | 65301 | 3 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |