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
$3.07 |
Change
-0.080(2.54%) |
Mkt cap ! $9.305B | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.15 | $3.02 | $48.31M | 15.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 135967 | $3.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 156267 | 37 |
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| Last trade - 14.30pm 04/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |