Running Commentary on the SP Movements., page-13661

It's been pretty rough for the lithium sector in general last few weeks.

We peaked in Jan 16th like many other stocks and have been since hit with,

1) Roskill report
2) SQM scare
3) Dow Jones correction
4) Lithium Carbonate price drop (carbonate 153500 yuan/kg now compared to 167500 in Nov last year. Hydroxide prices steady.

On the plus side, EV sales higher than expected according to some reports. AVZ has held up pretty well thus far especially thanks to the recent bump due to drilling. Not sure about Monday but as a long term holder, I'm just digging in on my lithium stocks til the negative macro news blows over especially with a wind of accelerating EV demand.