$GANFENGLITHIUM(01772.HK)

In the past week, the lithium sector has seen significant volatility, with particular attention on Ganfeng Lithium (1772.HK) in the Hong Kong market. In early November, the price of lithium hexafluorophosphate nearly doubled, leading to a collective surge in lithium-related stocks like Ganfeng in the afternoon session. The core driver behind this is the temporary tightness in the supply-demand balance for materials, with some companies reporting full order books and demand exceeding expectations. On the other hand, the lithium carbonate market experienced sharp pullbacks due to repeated disruptions from news about the resumption of production by major players like CATL, intensifying stock price fluctuations. On November 4, Ganfeng saw a net outflow of over HKD 700 million in main capital, indicating short-term caution among investors. The company recently disclosed that its salt lake project has partially started producing magnesium fertilizer, but this has yet to meaningfully contribute to revenue.

Overall, the dynamics in the lithium supply chain are shifting frequently, and short-term volatility is likely to persist. Have any of you traded Ganfeng Lithium or been following the lithium materials sector recently?