That's positive for the Chinese producers selling RE to China. The result of industry regulation and consolidation IMO.
Why do you keep posting the Chinese domestic prices and yet seem to ignore the more important Chinese FOB Prices that would apply everywhere else? Is it because prices are falling? Hence bad news for the profitability of ROW producers like MCP and LYC.
Lynas Assets Worth Billions, page-37
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.09 |
Change
0.070(0.87%) |
Mkt cap ! $7.561B | |||
| Open | High | Low | Value | Volume |
| $8.15 | $8.27 | $8.08 | $35.31M | 4.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7192 | $8.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.10 | 4833 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |