Most metals have risen around 20% since early November on hopes of increased Chinese demand. I wonder if that is more traders getting set, rather than underlying demand at present. It will be some time before China returns to normal given low vaccinations, poor vaccines and a collapsing hospital system.
However, the stand out metal performers have been iron ore up 50% and tin up 60%. Tin is being helped by the disruption to supply in Peru, as well as possible Chinese demand.
The current quarter should be a beauty for MLX
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Last
54.5¢ |
Change
-0.025(4.39%) |
Mkt cap ! $483.0M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 57.0¢ | 54.0¢ | $1.429M | 2.592M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 15737 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 4825 | 2 |
View Market Depth
| Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |