Interesting read.
In 2020 there was a surplus of around 106000 - so this must have been sitting around somewhere.
In 2021 a deficit of 20000 would have reduced this to 86000
In 2022 (E) a deficit of 27000 would have further reduced this to 59000
They are forecasting a 40000 surplus in 2023.
So at the end of 2022 we must have 59000 sitting around somewhere, this will not be needed in 2023 as they are forecasting a surplus for that year.
My simple question is.... Why are spot/BMX prices so high when there is excess sitting around and forecast to be more next year?
ASX Today, page-20508
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