I think MS report for SQM is spot on, as Chinese buyers are preffering to buy SC5,5 and above.
Not all lithium is the same and with more techical grade being produced by SQM it will fetch lower prices. Much like PLS SC5.5 fetching less than SC6
Also MS report is about Recession in 2023 and lower demand over all, cant argue with that but they dont talk about tanking lithium spot. Just that it will be lower if there is a deep world wide recession.
I think MS report for SQM is spot on, as Chinese buyers are...
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Last
$2.96 |
Change
-0.040(1.33%) |
Mkt cap ! $8.908B | |||
| Open | High | Low | Value | Volume |
| $3.01 | $3.02 | $2.93 | $37.13M | 12.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 13935 | $2.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.96 | 360494 | 9 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |