This has been explained and then re-explained by PLS a number of times now; however the impact of this is not expected to be the same or even similar (in reference to mkt behaviours in 2018 or around this time)
Lithium in 2023 is a global story, not a Chinese story. Straight from horses mouth.
Notwithstanding this spod continues to drop. Platts showing a -$200 USD drop in spod over just one week. Avg prices now sitting at $5,300.
Good News & Bad News, page-24110
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Last
$3.09 |
Change
-0.070(2.22%) |
Mkt cap ! $9.305B | |||
| Open | High | Low | Value | Volume |
| $3.09 | $3.17 | $3.06 | $43.28M | 13.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2499 | $3.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.10 | 26336 | 2 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |