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
Most metals have risen around 20% since early November on hopes...
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Last
49.8¢ |
Change
0.028(5.85%) |
Mkt cap ! $441.5M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 50.3¢ | 47.5¢ | $730.2K | 1.480M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 252264 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 291411 | 20 |
View Market Depth
| Last trade - 13.07pm 08/11/2024 (20 minute delay) ? |
| MLX (ASX) Chart |