>>Offers as low as 150,000 yuan were also heard in the market this week as traders sought to offload mounting stocks, said a buyer for a battery manufacturer who did not attend the meeting of lithium producers.
[...]
“If we don’t buy, someone will eventually drop the price,” said a lithium carbonate buyer briefed on the decision.
Participants at the meeting also discussed the planned launch later this year of lithium carbonate futures on the Guangzhou Futures Exchange, according to two of the people, another move that could help stabilise prices."<<
Yes, I heard the friend of the lithium carbonate buyer even heard rumors about a 110,000 yuan offer incoming. And his cousin thinks that prices will stay flat this year and will drop next year (till infinity).
Good News & Bad News, page-26603
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$2.98 |
Change
-0.040(1.32%) |
Mkt cap ! $8.969B | |||
| Open | High | Low | Value | Volume |
| $3.01 | $3.01 | $2.95 | $52.16M | 17.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 167 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 53875 | 10 |
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