Ok so how do prices remain “relatively stable” around these levels when most Aussie producers, supplying circa 20% of the market btw, are making no money…?
Do they keep producing at a loss for years more, do they go into C&M, do they shut up shop….?
AFAIK they can’t magically drop their costs by 30/40%, so something has to give.
…and remember that demand continues to increase.
Ok so how do prices remain “relatively stable” around these...
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