NTU northern minerals limited
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Another fire sale dump

  1. ausheds
    19,589 Posts.
    lightbulb Created with Sketch. 4978
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    15/10/15
    23:24
    Post #: 16187867
    China dumped another 10t Dy into Vietnam August @ $245 - $42 VAT = $203kg net.

    Swiss even managed to snap up 100kg @ $171kg net

    http://www.asianmetal.com/news/data/1260308/Dysprosium oxide by country Exp Aug 2015 China

    More than the total ROW 2013/14 demand has been dumped in two months at basically cost of production.

    DEFINITELY Fantasy Study told us there would be a 313,000kg "Global supply deficit" 2015, page 53 Table 12.1.

    Lol, guess what, the deficit is going to grow to 484,000kg 2016.

    And the Chinese have just given away 2 yrs ROW supply at cost?

    No doubt ltl's can morph that into stupendous 3876% demand growth in just 2 months, with appropriate lashings of glossy red lipstick.
    NTU Price at posting: 18.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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