OTCQX:NTTHF - Post by User
Post by
superscepticon Dec 17, 2018 3:09pm
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Post# 29125465
...more beating
...more beatingLi have bright future, present not so:
| | | DAY | WEEK | MONTH | YEAR |
| Lithium | 14-Dec | -1.96% | -3.72% | -4.85% | -20.57% |
We saw few days when it look that trend slowly reversing, but good news did not last.
Bright spot - one of the reason for Li surplus is its expectation. Industry recorded persistent de-stocking in expectation of further price drop.
This is big drag on spot price. However, unlike other trends in supply/demand chains de-stocking cannot go on forever. Negative inventory cannot exist.