While the small players may be closing or postponing, the big players are expanding. SQM and ALB have both said recently that they are ramping up supply in 2020. It's their job to squeeze the small players out of business and increase their market share. It's short term pain for long term gain for them. How's that for a lesson in economics 101?
GXY Price at posting:
85.5¢ Sentiment: Buy Disclosure: Not Held