This will cut 15% of global supply to the west & china
- Ukraine war & russia sanctions
west sanctions will send any stock to china & ruskie military will divert the rest to military production
china forced to buy on spot prices.
expect NP to boom to 15-25.
23.5 the all time 2008 high
last time pan at such NP was at 330c in 2008.
should be at 55c now
pan sp to boom imho.