GREY:PLUUF - Post by User
Comment by
juanPeruon Jul 13, 2019 10:57am
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Post# 29916732
RE:Lithium Sector: Recommendations and Insights (SA Article)
RE:Lithium Sector: Recommendations and Insights (SA Article)Thanks for your posts, stockfy. What do you think about the last Morgan Stanley bearish lithium forecast?
Morgan Stanley forecasts 30 per cent drop in lithium prices by 2025 https://finance.yahoo.com/m/2382acbb-eeb1-3ebe-9e48-98f558734515/morgan-stanley-forecasts-30.html Morgan Stanley says it’s even more bearish on the future of battery raw material lithium, saying it expects prices to fall by 30 per cent over the next six years. The investment bank said it expects lithium prices to keep falling until 2025, compared to an earlier forecast of 2021, as new technologies lower the cost of production and keep the market oversupplied. “We continue to see oversupply of raw material globally,” the bank said. (...)