CICC Wealth Futures: The position of lithium prices being too high is difficult to sustain

Market speculation about lithium mine supply disruptions, but yesterday’s prices fell sharply. Whether it’s Zimbabwe’s export ban, Australia’s diesel supply issues, or the resumption of mining in Jiangxi, these supplies are only delayed and not eliminated. On the demand side, the improvement in new energy vehicle sales is still unclear. Energy storage listed companies’ financial reports show a significant decline in profits. Maintaining the lithium price at an excessively high level is difficult to sustain. Be cautious of chasing the rally. (CICC Wealth Futures)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin