AEV 0.00% 1.1¢ avenira limited

biofuels a crime against humanity, page-17

  1. 10,295 Posts.
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    A complete misreading by the first poster (recent arrival on hotcopper - multinic having been banned).

    Why?

    Basic economics 101: If there is a supply deficit of goods, the price will rise. The theory is the market fixes the deficit by having the price rise sufficiently so that more companies can make the goods, which would have been unprofitable for them to do so otherwise.

    It's governments that sanction biofuels, and companies that fix the supply so that everyone has enough.

    Ask yourself this:
    If MAK and other phosphate miners were not looking to create additional supply, what would that do to the price of fertiliser?
 
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