Re:Why Are Lithium Prices Collapsing?
by taneq on Sunday April 30, 2023 @03:57AM
(#35760503)
That always bugs me when these things are reported. Something goes up 30% in a year due to speculation and/or supply chain shocks, and then drops by 5% and it's "prices crash!" No it's still up ~25% year on year.
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Re:Why Are Lithium Prices Collapsing?
by mmiliauskas on Sunday April 30, 2023 @04:04AM
(#35760538)
If media made well adjusted statements, it wouldn't be the media then wouldn't it :D
Re:Why Are Lithium Prices Collapsing?
by lotsofpulp on Sunday April 30, 2023 @08:27AM
(#35761932)
Which is why one should stick to obtaining their data from the source and ignore clickbait articles.
You are looking at different horizons. It might be up year over year but month over month if it trends down that information is more accurate as to where the future price will grow.