At market close today, average #lithium carbonate futures prices...

  1. 1ronnie
    26,809 Posts.
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    06/06/24
    07:54
    Post #: 74186388
    At market close today, average #lithium carbonate futures prices fell by 1.82% surpassing average LC spot prices by CNY3,963 resulting in a decreased contango. The main futures contract price was < the Li2CO3 & SMM Li2CO3 spot prices leading to increased backwardation.

    https://x.com/jczuleta/status/1798419066379751708
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    lightbulb Created with Sketch.  Great analysis
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