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Lithium carbonate futures surged, Ganfeng Lithium responded: it may just be normal fluctuations, uncertain whether prices will rise in the future
On June 26, lithium mining concept stocks and lithium carbonate futures rose sharply. As an investor, the reporter contacted the investor relations department of Ganfeng Lithium to inquire whether the stock price fluctuations were related to the sharp rise in lithium carbonate futures. The relevant person stated that there is a certain relationship and suggested paying attention to the situation of the whole sector. Does the sharp rise in lithium carbonate futures mean that prices will continue to rise? The person pointed out that it is difficult to say and that this may be a normal market fluctuation, as there are no significant changes in the market now. As for the speculation that the sharp rise in lithium carbonate futures is due to some hedging positions being closed out, which leads to the strengthening of bullish forces, the person said that it may be possible to check the number of positions held to see if they have decreased or increased. As the contract for July is about to be delivered, this (market rumor) situation may also occur.