February was expected to be lower, but its performance completely wiped out all the benefit from January. From these sales it is clear why Chinese lithium prices had been bad. March numbers appear to be going well for now, but we need sales to go much higher. As always the second chart below is the most important. The increase in sales volume from the previous year is just not good enough (we want to be seeing at least 300k each month). Saving the sector at the moment is the cost curve, we won't get the pricing changes we really want until those numbers average higher. We also need to take into consideration that sodium sales will slowly be apart of these sale numbers. For now, keep the seat belts on.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 69999 | $7.03 |
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1 | 716 | 6.980 |
3 | 5000 | 6.880 |
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Price($) | Vol. | No. |
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7.090 | 3226 | 2 |
7.100 | 440 | 2 |
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