This chart you posted might summarise "the rest" of their "analysis", beyond 2023 as mentioned here:
![https://hotcopper.com.au/data/attachments/4837/4837556-d378ff87881027c3a26766453ff0182e.jpg](https://hotcopper.com.au/data/attachments/4837/4837556-d378ff87881027c3a26766453ff0182e.jpg)
Those "current" numbers (from the tweet above) seem to align with the chart i.e. "84kt deficit in 2022" and "small surplus" (basically even) for 2023.
![https://hotcopper.com.au/data/attachments/4837/4837560-4ea397bda48e229219000642ee21225e.jpg](https://hotcopper.com.au/data/attachments/4837/4837560-4ea397bda48e229219000642ee21225e.jpg)
So, their 2024 forecast is oversupply (circa 200kt), and again for 2025 (circa 400kt).
WOW looking at how substantially they just changed their tune, however, I expect them to do it again, multiple times... of course, it has NOTHING to do (cough cough) with their trade positions LOL and fleecing the market LOL I mean it's not like they can gain financial advantage from such "analyses" can they????
Maybe they need to learn about exponential growth.
Here's a chart that might be useful for that:
![https://hotcopper.com.au/data/attachments/4837/4837566-72be0da91a09139f8e702819d710dae2.jpg](https://hotcopper.com.au/data/attachments/4837/4837566-72be0da91a09139f8e702819d710dae2.jpg)
Oh hang on, they indeed know ALL ABOUT exponential growth etc etc.... Just play dumb for the cameras/headlines.
Muppets.