"so many factors at play" - now thats an understatement lol - It's a killer to keep all the factors juggling without going nuts!
some of the variables that IMO are hard to predict - the price of oil - increasing the price of the commodity and the relative freight advantage for Mak as it rises, the exchange rate(big one), possible new cadmium rules, geopolitics/conflict in northern africa and middle east, Chinese export policies and trade relations with US, the US dollar alone (hate to rely on that one for a long term graph), grain prices, varying costs of production for MAK based on available infrastructure (east west rail link?) and the wacky ways of Morocco.
my head hurts.
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