You can only make them pay what’s in their contract. AKE and pls realised prices are still usd1,000 apart so that tells you who’s got a good contract or who’s capitulating. If they manipulate the basis of such prices, then they won’t get new supply as more will divert it to other markets. They previously controlled the miners. Not anymore to the extent that miners are not stuck to their old contract. Mortgage holders who have fixed for 5 years until 2026/7 will enjoy low interest. China will also enjoy the contracts until expiry whose terms they’ve dictated
You can only make them pay what’s in their contract. AKE and pls...
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