Argentine Brine Comparables, page-128

"Interestingly the August report has 191.000 tons overproduction and the December report has 50.000 tons less overproduction for 2025"

Hi Tomy

(and thanks @Smith71 for sharing these presentations!)


Here is some info that I pulled from those two reports that provides further insight into those forecasts:

Aug 2024 report:
2025 forecast:
Supply: 1594 kt LCE
Demand:1404 kt LCE
Oversupply: 191 kt LCE (with rounding error)

Dec 2024 report:
2025 forecast:
Demand:1394 kt LCE
Oversupply: 141 kt LCE

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From these figures, we can "calculate" that the corresponding forecast supply for 2025, associated with the Dec report, appears to be:
1394 + 141 = 1535 kt LCE

In other words, Between the Aug and Dec reports, they appear to have:
1/ Reduced their 2025 demand forecast from 1404 kt LCE to 1394 kt LCE (i.e. 10kt LCE less)
and
2/ Reduced their 2025 supply forecast from 1594 kt LCE to 1535 kt LCE (i.e. 60kt LCE less, with rounding error?)

The net difference (i.e. the change in the "balance" forecast) is therefore 50kt LCE



Anyway , just thought this might help others tryng to decipher their numbers, since the info in the 2 reports is presented differently and the above numbers are not immediately apparent.

Cheers