Post by
Shackle12 on Apr 05, 2023 1:29pm
LET'S GET'ER DUN
Today in Financial Post...in part
Rules don’t apply
Most commodity prices are set by what economists call the lowest marginal cost producer: Whoever can produce the commodity at the lowest price can afford to sell it at the lowest price, setting a ceiling for what customers will pay.
Those rules don’t apply in the lithium market, at least for now. Phillips said supply and demand are ramping up so quickly that buyers are willing to pay above the marginal cost in order to be sure they have a secure supply.
“we’ll have shortages for decades to come.”
sounds encouraging. We need a good NR/.
DD advised
Comment by
NoBigDealbcl on Apr 06, 2023 9:16pm
Li prices are going to surge again, china setting the non defacto price has to stop...