Sop price is unofficially tipped to reach 520-530/ton now, and...

Sop price is unofficially tipped to reach 520-530/ton now, and will be very likely heading above 550 end of the year. Fx has punctured and stayed below the 0.75 support line for three days down to 0.746 by now. In the past couple of days, major Bank analysts have adjusted their end of year predictions from 0.8 to 0.72 or even below 0.7. And this is what RBA desires to introduce inflation for economy and higher wages, and is fuelled by our central bank to let rates increase lag well behind other major central banks.

The issue is when production will be declared.