Sociedad Química y Minera de Chile: Falling Knife Still Worth Catching
SQM(SQM) Seeking Alpha·2024-08-23 01:30
simonkr SQM: Falling Knife Reaching A Bottom? Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM) investors have endured another disappointing seven months since my last update as the battering in the lithium market intensified. As a result, what seemed like a consolidation zone for lithium prices between January and April 2024 didn't sustain. Lithium prices have continued their downtrend bias through this week, reaching almost $10K per MT. Therefore, it marks a spectacular collapse from the highs of over $8 ...