Does anyone have any thoughts on how much farther down the chinese are going to push down the Li Carbonate spot price. From what I understand most companies now are reaching their absolute limits in terms of being able to turn a profit. If thye push it down to the next level of say 60k, then there would be absolute capitulation it would seem. Or do we think the rest of the world will have turned away from even referencing their spot price alltogether??? ie.having setup a GREEN Li Carbonate spot price.
Are we looking at 6-12 months more of this type of market destruction???
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