Yep. The whole thing is on a hair trigger either way. It can explode up or down at the slightest provocation. Until today it looked like we would escape June, but I guess we are now pretty much where we would normally have ended up at this point in June. Can't really steal a trick at the moment. Right when sentiment changes, we get a threat of a major war in the Middle East, a company that doesn't want to say anything cool until their new CEO bunny starts, ratcheting up of the trade war rhetoric so the guys can compare lengths before negotiating again, SQM pretending that they aren't in a mile of hurt with their local indian population by blaming everything else but their negligent destruction of the water table, and just in case that wasn't enough PLS deciding to help out with a go slow right when the thesi decides to do the nah-nah. It's amazing we have had so little damage really, but struth this is trying one's patient zen mindset. At least we aren't VOC today - should be grateful for small mercies I guess, and we didn't get the worst of it in the sector. My Lithium index has lots that got it worse today, including, obviously PLS.
Freakin' fundamentals haven't got worse though, just wish it was December already. Tomorrow is going to be interesting.
Chart, page-12812
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