GXY
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0.00% $5.28 galaxy resources limited

"highlight weak Chinese demand illustrated by the spot prices is...

  1. regal
    596 Posts.
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    20/12/18
    17:05
    Post #: 36923685
    "highlight weak Chinese demand illustrated by the spot prices is feeding into received contract prices.

    Why then are the chinese buying from all over the world if demand is weak?
    Galaxy currently sell spod, contract is on a yearly basis. The customers make hydroxide.
    Why is ORE contract associated with chinese spot price? The chinese spot market was mainly selling technical grade not battery grade.
    GXY Price at posting: $2.20 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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