A note from our besties at JP Morgan, d-bags. Guess they're finally pushing the throttle:JP Morgan declared on Monday that the price boom had much further to run, predicting spodumene concentrate prices would average $US4491 per tonne in 2022 and $US5000 per tonne in 2023 before easing to $US3463 per tonne in 2024.
JP Morgan had previously estimated that spodumene prices would average $US850 per tonne long term, but changed that forecast to $US1000 per tonne this week in the belief that less prospective geology would need to be mined to meet future demand for lithium.
“Our supply and demand modelling reveals a perpetual deficit market where low grade mine supply will need to be induced,” said JP Morgan in a note.
- Forums
- ASX - By Stock
- PLS
- Spodumene Prices
Spodumene Prices, page-2264
-
- There are more pages in this discussion • 2,299 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 PLS (ASX) to my watchlist
|
|||||
Last
$2.92 |
Change
-0.060(2.01%) |
Mkt cap ! $8.789B |
Open | High | Low | Value | Volume |
$3.00 | $3.01 | $2.91 | $68.57M | 23.32M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 33426 | $2.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.93 | 27520 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 33426 | 2.920 |
33 | 390908 | 2.910 |
53 | 1097183 | 2.900 |
13 | 92815 | 2.890 |
23 | 301825 | 2.880 |
Price($) | Vol. | No. |
---|---|---|
2.930 | 27520 | 3 |
2.940 | 318826 | 17 |
2.950 | 271386 | 6 |
2.960 | 36638 | 6 |
2.970 | 125661 | 8 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |