Are you implying that PLS' contractual pricing mechanism with its customers is based on what the Chinese government dictate is a fair price? If so, I'd encourage some further thinking.
Further, the ore sold on the BMX platform is not tied to any market indices - just pure supply and demand.
Chinese Government Regulator to Guide Prices of Key Commodities, such as Lithium, page-2
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Last
$4.17 |
Change
-0.025(0.60%) |
Mkt cap ! $12.52B | |||
| Open | High | Low | Value | Volume |
| $4.21 | $4.23 | $4.13 | $50.41M | 12.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 100 | 219888 | $4.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.17 | 115059 | 73 |
View Market Depth
| Last trade - 15.39pm 07/05/2024 (20 minute delay) ? |
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Last
$4.15 |
Change
-0.025 ( 1.27 %) |
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| Open | High | Low | Volume | ||
| $4.21 | $4.23 | $4.13 | 3892254 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| PLS (ASX) Chart |