SQM also stated that they expect lithium prices to rise a bit in 2019.
ie. like Anthony Tse, they believe this to be the bottom of the price cycle.
SQM has also reduced its future production forecast. So we are yet again looking at less Lithium production than Morgan Stanley anticipated... yet future demand looks strong.
Oversupply?
Nope.
GXY Price at posting:
$2.19 Sentiment: Buy Disclosure: Held
