The rest of the article goes on to say:
- Morgan Stanley said that carbonate prices were already below its fourth-quarter forecast of $US10,000 a tonne, but it believes they are nearing a bottom.
- “With slowing China output and future growth plans slowing, the balance could tighten into peak season,” said Morgan Stanley commodity strategist Amy Gower.
- “This could allow lithium prices to stabilise, or even bounce modestly from current levels.”
I think the rest of the article is more optimistic on the lithium outlook as a whole.
Cheers.
LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-4263
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Last
77.0¢ |
Change
-0.035(4.35%) |
Mkt cap ! $1.867B | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 80.5¢ | 75.5¢ | $10.59M | 13.72M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 48744 | 77.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.5¢ | 154943 | 5 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |