Any ideas at what level the spot price will stop dropping. The futures for Jan has increased 7% today but spot is still falling.
The Jan futures price is at 95600 and spot at 120500. If spot falls by 2000 a day and futures increase by 6000 then within 3 to 4 days they will meet at around 114000.
Will be interesting to watch. Will spot then also start increasing?
Spodumene Prices, page-3694
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