You make a good point that - assuming China wants higher prices - that the Chinese will probably phase in those prices slowly. That will cause minimal disruption to downstream markets, and it will give the Chinese a chance to evaluate the market impacts of each step up in price.
I personally would prefer to see price rise in a gradual and orderly fashion. What happened in 2011 was insane, and the blow off from the top took out almost every company outside of China.
I'm not glued to the article that was posted at the start of this thread. I was more interested in understanding how people respond to the idea that the Chinese might raise supply significantly. I just want to understand the arguments on both sides.
LYC Price at posting:
22.5¢ Sentiment: None Disclosure: Not Held
(20min delay)