Let me simplify the scenario. If there were only 10 producers of water in the world and life depended on those producers. And then some of the producers of life giving water decided to negotiate private contracts with a select few purchasers (in this case the Hydroxide pricing transaction). Then what will happen to the current price (Spot) of water that only remaining producers are able to offer to the rest of the world?. Hmmmm price goes up as demand strengthens on the back of competition to secure supply of water. Economics 101
FA & General Banter, page-20050
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