June equity round-up
We introduced two new segmental equity baskets to our offering in the July edition, a Manganese producer and developer basket, and a Downstream basket to allow a comparison between raw material and downstream equity performance. Our strongest basket performers in June were the Manganese, Downstream and Lithium baskets. All the others were in negative territory for the month, with the cobalt basket being the worst performer, down 18%. Graphite prices are finally starting to play catch-up with the equity basket in recent weeks.