I agree with your sentiments. We are running a business. I'm confident we had more than one selling option, and we would have taken the best deal we could get. This is smart in this environment.
We are dependent on carbonate pricing, which is still China controlled atm. How much low quality lepidolite and African supply does it take to tip the market into surplus atm, and keep the price low? China playing a smart game by keeping price low. They lose on the small percentage coming from domestic supply, but gain on the large percentage of product sourced cheaply Ex-China. We need demand to soak up all this low quality product so we can get genuine pricing happening. Hopefully sooner than later.
All the best.
G
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Open | High | Low | Value | Volume |
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5 | 66500 | 0.870 |
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37 | 536693 | 0.850 |
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