When will the cash change hands for the sale? The spod isn't contracted to ship until December.
The result seems to show that a buyer is willing to pay $1,200/t on an SC6 basis now to hedge against the chance that pricing could be higher by December.
Only a small volume, which leaves the question - what was the motivation for PLS. Are they testing the market? Just trying to squeeze a bit more margin on uncontracted product? Preparing for a new market / pricing structure outside of China spot market?
When will the cash change hands for the sale? The spod isn't...
-
- There are more pages in this discussion • 96 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.07 |
Change
0.090(3.02%) |
Mkt cap ! $9.197B | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.09 | $3.02 | $74.82M | 24.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |