OTCQX:NTTHF - Post by User
Comment by
SnowyWindowson Apr 05, 2019 10:38am
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Post# 29587289
RE:LI spot price is up, and this time it is different.
RE:LI spot price is up, and this time it is different.Nice findings SS. It looks like the market may be showing similar conclusions with how NLC is trading today. Breaking above 1.00 :)
supersceptic wrote: Li spot price is relatively stable, just fluctuating with clrear floor and ceilings, since October.
The upward move over last few day was modest, about 0.5%, but it happened as Tesla announced 30% collapse in sales, compare to previous quarter, with demand concerns.
That means that market dependency over Tesla is over, Li prices always reacted on such news in past quite aggressively.
Next, will be reduction of China's dependency as spread of use of heavy LI-ion batteries accelerate.