AKE 0.00% $9.83 allkem limited

Lithium prices, page-881

  1. 4,081 Posts.
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    The funny thing is that the 10 % futures price increase today was simply the limit which was increased from 7 % yesterday by the Guangzhou futures exchange. And the futures prices also increased by 7 % yesterday. So the futures price could be even much higher today if these gain weren't limited. Expect more gains on Monday. This market is largely a manipulation instrument where contract sellers promise to deliver product that they don't have and that they can not procure in the necessary amount and necessary product quality. I call this a scandal.

    https://hotcopper.com.au/data/attachments/5804/5804626-cd6fd70dd2dd7f121833dfdc82552b90.jpg

    Last edited by Stephan90: 09/12/23
 
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