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New Lithium Related Article, page-4820

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Kaeho

7,025 Posts.

1638

10/01/21

06:40

Post #: 50061664
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Originally posted by Shadyjames: ↑

"Fastmarkets’ weekly price assessment for lithium carbonate, 99.5% Li2CO3 min, battery grade, spot price range exw domestic China was 50,000-58,000 yuan ($7,735-8,973) per tonne on Thursday January 7, up from 48,000-52,000 yuan per tonne in the previous week"

And the best part about that "50,000-58,000 weekly price assessment" is you KNOW thats not a "trading range" as such, it was 50,000 at the start of the week...then 58,000 at the end of the week.

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I noticed fastmarket is reluctant in raising the minimum price and slow to update when theres a rise but quick with the falls.

A bit dodge imo, but my point is that when even the dodgy reporters are posting rises it must be even better than it appears.

GXY Price at posting: $2.87 Sentiment: Buy Disclosure: Held
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