PLS 1.87% $3.00 pilbara minerals limited

I am starting this thread for day to day discussions on the...

  1. 53 Posts.
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    I am starting this thread for day to day discussions on the lithium commodity price. There has been a lot of commentary around the LIT price indicating pricing improvements. In my opinion the LIT ETF may not be a definitive indicator and it's certainly worth tracking other sources of information. I personally have been keeping an eye on Alibaba and Asian Metals.

    The imagine below highlights what I believe is an extremely important inflexion:

    • The first positive month for Carbonate in a long time
    • Significant price increases for hydroxide
    • Hydroxide prices about to overcome their 360 day price

    https://hotcopper.com.au/data/attachments/1992/1992012-a484816515e7e0e5f3e8eea01a4a34bb.jpg

    A note, every company has their own pricing mechanisms. There hasn't been much info released on this but I believe a portion is tied to spot prices and also downstream prices. Please let me know if someone has further info on the pricing mechanism.

    Cheers

    Cunial
 
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