Spot on. Buyer beware.
My understanding is that stocking is over until the winter thermal process begins later in the year. I'm guessing that we'll see more of an orderly approach this year compared to last year. No rallies to $400 on the horizon. Probably going to see $150-170ish through June/July for 6000kcal. Bit of a guess on my part, but, lets see how the year unfolds.
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