Q4 will not look good. The thing is cashflow of chinese battery makers are really weak now due to delay of gov subsidy to car makers, car makers need to spread the cashflow issue to all the supply chain. resulting most battery makers in china really cautious about the market and only store as little as 2 or 3 days worth of materials and stock. and only make to demand.
The gov already start to pay for the owned subsidy to car makers.
Low stock in battery manufacturers means any demand surge would force them to buy new material resulting surge in lithium price
Good News & Bad News, page-3282
-
- There are more pages in this discussion • 7,933 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.67 |
Change
-0.010(0.37%) |
Mkt cap ! $8.040B | |||
| Open | High | Low | Value | Volume |
| $2.64 | $2.72 | $2.63 | $51.42M | 18.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28879 | $2.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.68 | 287620 | 11 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |