I realise its a US chart but the lack of Aussie data doesn't give us much else to go by.
Its unbelievable that US prices are irrelevant to Australia.
We are exporting large quantities and pricing is somewhat pegged to international pricing, increase in international pricing increases demand for Australian exports which in turn puts more pricing pressure on the Australian market and pushes our prices up. That why we have an east coast shortage to begin with.
Is that not your view? Im not being a smart arse but I am interested to know your thoughts.
I realise its a US chart but the lack of Aussie data doesn't...
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