Re:Why Are Lithium Prices Collapsing?
by JumpCrisscross on Sunday April 30, 2023 @10:00AM
(#35762604)
> how most of the news is manipulated. For example they are equating lithium price fall with stagnating car sales
Mass media is mostly crap at price-move stories. It’s less manipulation than false correlation. (The writers are incentivised to write, not to write a particular story.) There is a lot of thought that goes into lithium pricing. Current price moves are mostly speculation about supply, given near-term demand can be pretty precisely measured given battery production in operation and breaking ground. (Battery demand is limiting EV pricing and production, so volatility in consumer demand is tamped at the extraction layer.) Recent debate is about potential supply from brine in China.
Mass media is mostly crap at price-move stories. It’s less manipulation than false correlation. (The writers are incentivised to write, not to write a particular story.) There is a lot of thought that goes into lithium pricing. Current price moves are mostly speculation about supply, given near-term demand can be pretty precisely measured given battery production in operation and breaking ground. (Battery demand is limiting EV pricing and production, so volatility in consumer demand is tamped at the extraction layer.) Recent debate is about potential supply from brine in China.