NdPR price, page-45

Prices down again to day it is important to look at trends
On May 19 to may 23 they went flat to up a very little ABOUT 2 RMB kg
May 23 to may 26 they went up nicely about 6 RMB
Then perfectly flat for about a week.
Since about June 1 they have fallen fairly steadily 15 RMB KG and are the lowest since mid January 2021 They still have only given back about half of what they went up since Sept 2020s they are still up about 175 RMB /KG in the last year. That is big enough we should adjust for VAT about 152 RMB
Prices are still high enough that Lynas will have great revenue and profits in Q4. Good revenue in Q1 and revenue in Q2 that exceed their 2 year average.

Time will tell where prices go from here my guess is down. I will only bet ONE beer on it.

On the other price thread someone used Adimus predictions. Any one that is going to use them should look at long term predictions they make. They are always high many times have said up then prices fell sometimes by multiples of 2 ~ 5 to one. How can they be so consistently wrong. Simply people will pay a lot to use their hype in predictions. High predictions bring in $. undramatic predictions or down prediction do not bring in any $. For big fees they will even give you some private analysis to use. Jack Lifton does the same thing.