Banter and general comments, page-34145

it looks like GS has forecast the bottom to be around 2025. My intend is to hold til 2026, as i think its when jhina n rest of world will get back into ev. Iron ore is up on news jhina will pump 100billions into infrastructure projects. Li price only need news of jhina property recovery to stablise.

A new note from top broker Goldman Sachs documents the major decline from 2022 levels.

It notes a 71.5% decline in the lithium carbonate spot price to US$17,076 per tonne (p/t). The lithium hydroxide price is US$14,663 p/t, down 78.3%; and the spodumene 6% price is US$1,580 p/t, down 64%.

Goldman expects lithium prices will not bottom til 2025.

Next year, Goldman forecasts the lithium carbonate price to fall to US$13,377 p/t, the lithium hydroxide price to fall to US$14,263 p/t, and the spodumene 6% price to fall to US$1,250 p/t.

But in terms of the Core Lithium share price specifically, Goldman says falling lithium prices are likely to have greater impacts.