GXY 0.00% $5.28 galaxy resources limited

But with all the supposed demand (new uses, new EV models etc),...

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    But with all the supposed demand (new uses, new EV models etc), which I subscribe to, why are prices falling? 

    Yes, we understand that the spot prices in China only make up 5% of the market, and it's not battery grade chemical etc... but why are contract prices falling too? Unless Li prices were WAY overinflated in the first place is the only logical reason. 
 
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