The reporting week ahead, page-14

cafa, firstly Lynas does NOT sell to spot, they have a handful of major customers that buy just a portion of the RE from the LAMP on LT contract.
Secondly, prices definitely eased into the month of June, Chinese exports dropped off the higher YoY growth and there were reports of hand to mouth purchasing. However in the past 2 weeks there has been a definite upturn in price with sales consistently at the sellers bid, even the dullards Dy, Ce & Y have responded.
Follow the news out of China and there is growing talk of a production value tax replacing tariffs. Should that look a reality you can expect domestic prices plus circa 20% later in the year, along with some advanced buying. I'll punt we see some healthy price appreciation in coming months, but well within the individual elements economic threshold.

Re Lynas CoP, I suspect UR right, in AL we trust, lol.