Some commentary behind the Lithium futures rise. Sales contracts to deliver product that doesn’t exist.
Apparently there is oversupply. Downstream demand is weak they say.
Many are saying inventories are very low so downstream will have to buy at some stage and that sets the stage for further price increases, you would think.
https://news.metal.com/newscontent/102414443/lithium-carbonate-futures-contract-soars-and-hits-daily-upside-limit-after-persistent-downturn-what-are-the-drivers-behind-the-rally
Good News & Bad News, page-34489
-
- There are more pages in this discussion • 11,258 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
$2.58 |
Change
-0.170(6.18%) |
Mkt cap ! $7.933B | |||
| Open | High | Low | Value | Volume |
| $2.70 | $2.71 | $2.57 | $73.70M | 27.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 195462 | $2.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.58 | 582773 | 4 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |