Post by
m73hx454 on Dec 13, 2023 10:46am
OMG!
https://www.fastmarkets.com/insights/spodumene-prices-continue-to-fall-amid-weaker-demand-for-lithium/
Fastmarket is predicting a MASSIVE oversupply for next year based on this article.
In numbers: the oversupply will be 0,3% of total demand/supply.
Now that's really MASSIVE oversuppy, isn't it?
I would call that a balanced market!
Comment by
m73hx454 on Dec 13, 2023 10:47am
For those that didn't get it: Fastmarkets is basically saying that oversupply might be completely marginal
Comment by
Longalways on Dec 13, 2023 11:35am
Agree And predicting the future is not even close to a science. Most Economists among the greatest including Federal reserve and Canadian central bank said that inflation was just a spyke , temporary etc... up to they had to react in emergency. So Goldman S... and Fast market ???? So not better that you and me Make you own bid.. IMHO