“We carry on to put one of the most body weight with a ‘boiling the frog’ scenario, whereby elevated interest prices eventually drive the worldwide financial state into economic downturn. We put a 60% likelihood on this incidence,” Kasman extra.
This is able to suggest that some market declines and volatility would want to take place 1st during 2024 prior to easing of financial circumstances and a more sustainable rally.
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The pick-up in lithium and spodumene charges is welcome through the market as no-one likes a frustrated market, not even consumers, but we count on it will be hard for price ranges to rise way too considerably Unless of course you can find extra manufacturing cuts. In fact, we expect a lot more generation cuts.