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

  1. 1ronnie
    22,332 Posts.
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    22/06/24
    21:12
    Post #: 74441640
    At market close today, average #lithium carbonate futures prices fell by 1.64% surpassing average LC spot prices by CNY 2,761 resulting in a decreased contango. The main futures contract price was < the Li2CO3 & SMM Li2CO3 spot prices, leading to a stronger backwardation.

    https://x.com/jczuleta/status/1804235937406218668
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    lightbulb Created with Sketch.  Great analysis
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