C7A 0.00% 0.7¢ clara resources australia ltd

Not primary producing markets work that way and its not like tin...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,979 Posts.
    lightbulb Created with Sketch. 654
    Not primary producing markets work that way and its not like tin is a perishable item, Traxys can just smelt it and warehouse it when and how much is shipped. Same as bananas, you send what you have and they sell it as they need it, with x amount of coldroom capacity, if we send a lot the market can become oversupplied and price goes down to help move prpduct i.e. increase demand, if we send little market price goes up to kurb demand until supply increases, most primary producing markets are all the same and i doubt the tin that is to come out of Granville for G2 will impact greatly on Traxys flow chain, Traxys are just happy to get there hands on a quality product that is economical to smelt and sell. They will smelt it, store and sell it accordding to marlet demands and how and when ANW ship it imo. Its a cash cow for them, they dont care if comes 20t a month or 20t a week, they will stockpile it as concentrate ready to smelt or smelt it and stockpile it as Tin read y to sell. Its pretty simple and i dont think there is the demand constraints on either Traxys or ANW, nor the need for consistency, its 1100t of tin Traxys wants whenever ANW are able to ship it imo.
 
watchlist Created with Sketch. Add C7A (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $1.916M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
4 1364470 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 3317830 7
View Market Depth
Last trade - 16.12pm 15/11/2024 (20 minute delay) ?
C7A (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.