General Discussion Topics, page-119307

Milk prices on the way up as flow-on effect of fewer dairy farmers impacts supermarket price - ABC News"

"Supermarket prices of fresh milk were stagnant for eight years when Coles announced it would slash retail milk prices by about one-third back in 2011 to $1 a litre — which was quickly matched by Woolworths and Aldi.

At the time, farmers said the $1 a litre price tag would make some dairy producers unviable and they would leave the industry.

And that's exactly what happened, with a dairy crisis in the middle of this involving major milk processors. "

Have a read of this. This is what China is doing with Lithium. Push prices down, suppliers shut up shop and then the price rises.

What surprises me more is that the big players like PLS, ALB, SQM haven't pushed to set up a cartel similar to oil to get a better grip on the price.