LYC 1.14% $6.22 lynas rare earths limited

I have long held that NdPrO prices are controlled by Supply more...

  1. 7,477 Posts.
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    I have long held that NdPrO prices are controlled by Supply more than Demand. SMM posted yesterday that is now more Demand VS supply. We will have to watch. https://news.metal.com/newscontent/102106447/rare-earth-transactions-remained-weak-weighing-on-market-prices

    0.29 % is a very small change compared to recent changes it is truly insignificant. Different companies monitor different markets at different times. all of these small changes average out over time. This is why I only look once a week and plot that. It is longer term trends that count not daily variations, SMM has become the standard. It is fine to use something else. To expect every thing to agree every day is not reasonable. It all agrees when direction and magnitude are looked at over time.
 
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