RNU 1.14% 8.7¢ renascor resources limited

Hit the nail on the head RiskyBiz !With no spot market and no...

  1. 4,089 Posts.
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    Hit the nail on the head RiskyBiz !

    With no spot market and no futures market, graphite pricing is very opaque indeed. The methodology utilised by Benchmark Minerals, Fastmarkets & AsianMetals varies given they obtain transaction data from different sources each month.

    The variation in Pricing from December of ~$2,900 in Asia vs $3,900 in the USA for example, a number of factors exist such as existing Long Term Contracts, micron sizing, purity differences to name a few.

    When that Deficit hits in the very near future, these numbers are going to run pretty hard IMO

    As I said Today, 5-10% monthly rises are going to become the Norm in 2022

    https://hotcopper.com.au/data/attachments/4063/4063796-5ba9ebb2eb7fcad0a15c8fe979b33664.jpg

 
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