At mkt close today, average #Lithium carbonate futures prices...

  1. 1ronnie
    23,393 Posts.
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    06/09/24
    10:22
    Post #: 75556587
    At mkt close today, average #Lithium carbonate futures prices collapsed 3.62%, surpassing average LC spot prices by only CNY 122, resulting in a weak contango. We are close to backwardation again. It will be interesting to see how SC producers react mostly in Australia next week

    https://x.com/jczuleta/status/1831848338955907212
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    lightbulb Created with Sketch.  Great analysis
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