GXY 0.00% $5.28 galaxy resources limited

Hi all - the supply vs demand dynamic is of paramount importance...

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    Hi all - the supply vs demand dynamic is of paramount importance to the calculation of expected spot and contract pricing for Spodumene going forward.
    Just a reminder that the market is at present still awash with supply with an estimated 130 weeks of stock on hand worldwide - thats 2 1/2 years supply if every miner / producer maintains their current output.
    May be wise to keep these figures in mind during this very uncertain market period
    Good luck to all lithium investors

    https://hotcopper.com.au/data/attachments/2032/2032925-1c9f92a45c19011440b21121042ca274.jpg
 
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