New posts

Reply to thread

Message

Lithium Prices are Spiraling Lower
China's most-traded lithium carbonate futures contract tumbled 7% on Wednesday to a record low of 124,000 yuan a tonne.
The VanEck Rare Earths/Strategic Metals ETF (-1.55%) and Lithium & Battery Tech ETF (-1.3%) were also the worst performing ETFs in the above table.
Pilbara Minerals (ASX: PLS) shares tumbled 3.8% on Wednesday, not far off 7-month lows.
Key Events
ASX corporate actions occurring today:
Trading ex-div: ALS (ALQ) – $0.196, Cobram Estate Olives (CBO) – $0.033
Dividends paid: None
Listing: None
Economic calendar (AEDT):
9:00 am: Australia Manufacturing and Services PMI
8:00 pm: Eurozone Manufacturing and Services PMI

<blockquote data-quote="eskys" data-source="post: 1252770" data-attributes="member: 87320"><h2>Lithium Prices are Spiraling Lower</h2>China&#039;s most-traded lithium carbonate futures contract tumbled 7% on Wednesday to a record low of 124,000 yuan a tonne.The VanEck Rare Earths/Strategic Metals ETF (-1.55%) and Lithium &amp; Battery Tech ETF (-1.3%) were also the worst performing ETFs in the above table.Pilbara Minerals (<a href="https://www.marketindex.com.au/asx/pls" target="_blank">ASX: PLS</a>) shares tumbled 3.8% on Wednesday, not far off 7-month lows.<h3>Key Events</h3>ASX corporate actions occurring today:<ul>
<li data-xf-list-type="ul">Trading ex-div: ALS (ALQ) – $0.196, Cobram Estate Olives (CBO) – $0.033 </li>
<li data-xf-list-type="ul">Dividends paid: None</li>
<li data-xf-list-type="ul">Listing: None</li>
</ul>Economic calendar (AEDT):<ul>
<li data-xf-list-type="ul">9:00 am: Australia Manufacturing and Services PMI</li>
<li data-xf-list-type="ul">8:00 pm: Eurozone Manufacturing and Services PMI</li>
</ul></blockquote>

[QUOTE="eskys, post: 1252770, member: 87320"] [HEADING=1]Lithium Prices are Spiraling Lower[/HEADING] China's most-traded lithium carbonate futures contract tumbled 7% on Wednesday to a record low of 124,000 yuan a tonne. The VanEck Rare Earths/Strategic Metals ETF (-1.55%) and Lithium & Battery Tech ETF (-1.3%) were also the worst performing ETFs in the above table. [B]Pilbara Minerals[/B] ([URL='https://www.marketindex.com.au/asx/pls']ASX: PLS[/URL]) shares tumbled 3.8% on Wednesday, not far off 7-month lows. [HEADING=2]Key Events[/HEADING] ASX corporate actions occurring today: [LIST] [*][B]Trading ex-div[/B]: ALS (ALQ) – $0.196, Cobram Estate Olives (CBO) – $0.033 [*][B]Dividends paid: [/B]None [*][B]Listing[/B]: None [/LIST] Economic calendar (AEDT): [LIST] [*][B]9:00 am[/B]: Australia Manufacturing and Services PMI [*][B]8:00 pm[/B]: Eurozone Manufacturing and Services PMI [/LIST] [/QUOTE]

Verification