. A couple of similar thoughts in previous posts but I also wonder if removing the demand in the spot market has a larger effect than removing the supply. My thoughts would be that in a market with surplus it amplifies the downward trend whereas in a market with under supply it creates an acceleration in price increase.
i am sure pls management have thought it through. On the other hand I am sure the Chengxin Lithium management did that too....
Ann: Extended Offtake Agreement with Chengxin Lithium, page-67
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