"Lithium industry is looking ripe for the bottom."
Is that right, Chuxa? Citi and others expect another -15-20% for the lithium spot price before it gets better in 2025. China is still flooding the market with its lepidolite. SQM also mass production. The 90,000 yuan needs to be held - but the futures don't look great, and last night the spot price fell a little further towards the 90,000 mark. If that breaks, we're headed for 70,000. That would be the final shakeout, for sure.
"Lithium industry is looking ripe for the bottom."Is that right,...
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Last
16.5¢ |
Change
0.020(13.8%) |
Mkt cap ! $32.15M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $7.137K | 44.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 32916 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 3618 | 1 |
View Market Depth
| Last trade - 11.01am 02/10/2024 (20 minute delay) ? |
| EMH (ASX) Chart |