Just further to this GS Assumption/Prediction of forecast pricing, and that's all it is, I'm not sure how a selling price of $800-$1100/T is even a possibility when for some, this would represent a price at or below cost? Why the rush to market, only to be selling at cost?
Unless of course, it's another attempt for GS to scare the retail market, so as to accumulate more stock?
If anything, the fact that manufacturing and wage costs are increasing will only push the base selling price higher so as to be a viable business.
If it's not viable, there will be less suppliers wanting to enter the market, which means less supply and fewer competitors, which then means more pressure on pricing?
At the end of the day it all comes down the Demand v Supply and where they intersect is where our price will be. Given the fact that Demand is expected to exceed Supply, for a long time yet, suggests pricing will be going up over time.
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