SYR 2.22% 44.0¢ syrah resources limited

Materials from Mozambique are continuously squeezing China’s...

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    Materials from Mozambique are continuously squeezing China’s domestic and exported material’s market share,” a Chinese trader said.

    "For flake graphite of 94% carbon, -100 mesh, the price difference between Mozambique exports into Chinese main ports and China’s export materials is around $60-70 per tonne, which has raised buying interest of Mozambique materials both domestically and abroad," the trader added.

    Think about how silly management is. They did not sign long term contracts and now have to price their product $60-70 USD below Chinese supply. An incompetent bunch.
    They should be getting $520 per tonne if not for their disorganisation.

    Last edited by Sentrypetal: 10/06/19
 
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