Probably just a "statistical tie" where the prices are so similar that it's within the margin of error....They only have a week to collect observations before they have to release each report, and when you combine the heterogeneity of cargoes and a little stochasticity (randomness) on the side, you can't really say conclusively whether there is or isn't a premium. Think of it like this: You're standing on the scales and finding out you're half a kilogram heavier than the week before - thats something, but its not much - Maybe you're actually heavier, but maybe you just need to poop? Maybe you're wearing different clothes? There might be a real difference there, but if the difference is smaller than the size of the stochastic effects (such as carrying around a poop or wearing different clothes) then its impossible to measure it. But if next week the little bit of randomness wiggles the other way again a small premium will return. One thing is for sure though, and that is that lithium consumers are strongly preferring lithium units to purity in the current market.
ORE Price at posting:
$9.79 Sentiment: Buy Disclosure: Held
