I mentioned this a few days ago. The slide continues. It's punched right through the previous highs of $110-$120 in 2011, 2016, and 2018. From the technicals/chartist PoV, the next stop will probably be around $50, though it might stop briefly at $65.
Is this a sign of Chinese economic weakness, or of the shift to renewables in China? Prolly, mostly the latter. I'll do my Chinese leading and coinciding indices if I get a chance later today to get a better handles on the fundamentals.
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