LTR 3.69% 63.3¢ liontown resources limited

What’s your source for $1,300/t?Also, SC6 movements lag spot...

  1. 9,741 Posts.
    lightbulb Created with Sketch. 5188
    What’s your source for $1,300/t?

    Also, SC6 movements lag spot carb movements by ~3-4 weeks typically. The same thing happened when prices bottomed in January. Carb bottomed first and rose first, well before SC6. This makes sense because price signals should first appear further down the supply chain before they come back up towards producers.

    Carb is now 25% down from the recent high while SC6 has mostly been holding roughly flat.

    Maybe SC6 will miraculously hold up at these levels but I highly doubt it. The questions becomes moreso - how long will prices remain suppressed. Personally I think $1k/t is more likely than not over the next month.
 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
63.3¢
Change
0.023(3.69%)
Mkt cap ! $1.564B
Open High Low Value Volume
62.0¢ 64.5¢ 62.0¢ $5.402M 8.544M

Buyers (Bids)

No. Vol. Price($)
70 465780 63.0¢
 

Sellers (Offers)

Price($) Vol. No.
63.5¢ 208535 19
View Market Depth
Last trade - 12.39pm 05/09/2024 (20 minute delay) ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.