It seems to me that the PRC is putting the squeeze on Lynas by cutting the NdPr price as low as it can go. It was probably hoping the Malaysian Government would do it’s dirty work but as that seems to be unlikely to happen, the plan to do it via their pricing.
Nd down 3% in two days., page-4
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Last
$6.90 |
Change
0.115(1.70%) |
Mkt cap ! $6.552B | |||
| Open | High | Low | Value | Volume |
| $6.81 | $6.93 | $6.74 | $8.803M | 1.277M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4471 | $6.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.90 | 11439 | 29 |
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| Last trade - 14.59pm 29/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |
