End of week again a week of no activity. I posted back at beginning of June when I lowered my predictions, I expected NdPrO to be over 400 RMB in a month or two. Pretty clear that is not going to happen maybe by October now. I have decided to start posting monthly. If there is any Price activity or interesting changes i will post them quickly. I give a table and a chart that I thinks shows why I am going out to monthly posting. There is just not much to talk about when prices change + 0.34% in a week.
Here are a couple of articles from SMM
The New REE management regulation caused a pop but no long term impact like I told many a week ago. https://news.metal.com/newscontent/102834361/News-Support-Weakened-Rare-Earth-Metal-Prices-Surged-First-and-Then-Fell-[SMM-Analysis]
https://news.metal.com/newscontent/102836833/China-Northern-Rare-Earths-listing-prices-in-July-were-flat-MoM
The June report with predictions for July https://news.metal.com/newscontent/102843569/SMM-analysis-on-China-June-light-rare-earth-output-and-July-forecast
NdPR price, page-2420
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |