Actually positive price action began several days ago, as I noted and linked elsewhere:
Recent tidbits from BAIINFO
http://baiinfo.com/en/RareEarth
23 May
On May 16, according to a leader of Baotou Steel, it is predicted that rare earth national reserve will be carried out in the middle of 2018 and in the second half of 2018. Together with environmental protection and combat against illegal activities, it will boost rare earth price. It is estimated that Baotou Steel will reach RMB 2 billion of net profit in rare earth business in 2018.
24 May
BAIINFO-CHINA, Some rare earth prices ramp up with good trading performance. However, there are few deals seen in the market. Upstream enterprises hold back from selling and are not willing to ship cargoes. Downstream enterprises raise prices retroactively.
25 May
BAIINFO-CHINA, Rare earth oxide prices ramp up on the back of increasing deals. Downstream enterprises begin to replenish cargoes. Upstream enterprises raise offers and slow down shipments, thus actual trading prices slightly rise than before.
- Forums
- ASX - By Stock
- +NdPr
Actually positive price action began several days ago, as I...
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.03 |
Change
-0.120(1.95%) |
Mkt cap ! $5.612B |
Open | High | Low | Value | Volume |
$6.13 | $6.17 | $5.99 | $13.13M | 2.170M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2 | $6.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.04 | 35676 | 64 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 18495 | 6.020 |
16 | 103981 | 6.010 |
21 | 76238 | 6.000 |
16 | 27053 | 5.990 |
14 | 33705 | 5.980 |
Price($) | Vol. | No. |
---|---|---|
6.030 | 11629 | 21 |
6.040 | 27671 | 48 |
6.050 | 35587 | 24 |
6.060 | 13537 | 13 |
6.070 | 105005 | 9 |
Last trade - 14.20pm 17/06/2024 (20 minute delay) ? |
|
|||||
Last
$6.04 |
  |
Change
-0.120 ( 2.19 %) |
|||
Open | High | Low | Volume | ||
$6.14 | $6.17 | $5.99 | 8496168 | ||
Last updated 14.40pm 17/06/2024 ? |
Featured News
LYC (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online