I would have thought that there were enough downstream facilities being developed elsewhere in Asia, or USA/Europa to include some competition. Obviously the shipping would be more expensive to the USA and Europa supply chains.
Either way, if there's a lack of ex-China capacity, there's no reason for PLS to enter into a 5 year agreement. They could pursue a 12 month arrangement (or worst case use BMX) until the landscape is more competitive.
I would have thought that there were enough downstream...
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Last
$4.08 |
Change
-0.075(1.81%) |
Mkt cap ! $12.26B | |||
| Open | High | Low | Value | Volume |
| $4.14 | $4.15 | $4.07 | $41.55M | 10.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 71 | 381450 | $4.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.08 | 150877 | 141 |
View Market Depth
| Last trade - 13.52pm 22/05/2024 (20 minute delay) ? |
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Last
$4.08 |
Change
-0.075 ( 1.91 %) |
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| Open | High | Low | Volume | ||
| $4.15 | $4.15 | $4.07 | 2666028 | ||
| Last updated 14.06pm 22/05/2024 ? | |||||
| PLS (ASX) Chart |