GXY 0.00% $5.28 galaxy resources limited

Note the pricing in the following chart for Li Carbonate FOB...

  1. 13,638 Posts.
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    Note the pricing in the following chart for Li Carbonate FOB South America (in Red).

    It has hardly "plummeted".

    Prices ain't prices.

    Ignore the chicken littles focusing purely on the the figures for China product - makes for a good headline, that is all.

    Quality product continued to see solid pricing even over the 2018 period where the China prices came off their highs.

    Quality product = quality prices.

    Asb and others would like everyone to think otherwise.

    Anyone have a more recent chart, showing H1 2019 trends..? I want to see proof of quality product prices "tumbling". Doubt it.

    Can't wait til we get some chemicals into production, from SDV and/or downstream conversion of our spod!

    https://hotcopper.com.au/data/attachments/1593/1593432-4d28ede85241ea3fafcc03d121589380.jpg

 
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