“Anecdotally, lithium producers are suggesting pricing has increased slightly in recent weeks and months, and demand from customers has stabilised and is increasing,” Stewart says.
“Ultimately, we believe an increase in the lithium price will see a re-rate in lithium equities.
“However, given the nature of the market we believe equities will likely rally well ahead of reported price increases in the commodity market.
With delays in new project construction, we could see a market reminiscent of 2017, where EV and battery makers scramble for product as the market tightens, driving commodity and equity markets higher, Stewart says.
“As such, we have positioned the Ausbil Global Resources Fund long in lithium, leading into expected price increases in Q4 CY2020 and Q1 CY2021.
https://www.google.com/amp/s/unauthorised investment advice/resources/re-rate-in-lithium-stocks-is-imminent-ausbil-says/%3famp
Li-related News/Articles/Reports, page-86
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