17 million dollar trade, page-30

Morgan Stanley are taking a pasting for their Lithium pricing commentary, but ultimately I think they have done us a favour.
Whether you think they are right (I don't) or not, the more uncertainty about future pricing there is, the less likely there will be a supply response.
Lithium is easy to find, but expensive to process. Who is going to spend (or borrow) vast sums on processing facilities when there is a potential price collapse in the near future.
Pricing will moderate, but I think it will be much further out and more gradual than the Morgan Stanley's of this world think.