PLS 5.69% $3.16 pilbara minerals limited

Good News & Bad News, page-34258

  1. 628 Posts.
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    SMM showing mid July pricing at USD$3,555 SC6
    SMM showing early Sep pricing at USD$3,200 SC6
    SMM showing current pricing at USD$2,860 SC6

    Fast Markets were showing USD$3,300-USD$3,600 SC6 (mid Aug (or mid quarter))


    PLS June 2023 Quarter read at USD$3,714 SC6
    @87% realisied your suggested realised for Sep 2023 quarter would be say USD$3,231 SC6?

    Your post on 15/8/2023 Post #: 69356832 interestingly showed long term pricing at $3,500-3,600? Not sure of the finer details.

    My take is that the spot price has tracked lower than the PLS contract price but the gap has narrowed. Contact pricing would (anyone?) have a lag effect as I don't believe we were getting the full benefit of spot price rises when it took off last year. My comment about the settling of nerves reflected the additional data as a point of reference to the the spot price. China data vs. reality.

    Guangzhou showing futures Li Carb for Jan 2024 @ 150K (ouch!).

 
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