seaborne prices have held better lately and port prices even better. still above $100 which if it wasn't double that recently we'd be happy with. and climbing back up too.
global demand will continue to rise in the medium to long term.
overall investment in the industry has had a decade hiatus. classic commodity cycle
one developer, admittedly a massive one, hits the skids as forecasted for years and suddenly China is bankrupt. and I bet it's the same people who fear China so much, you can't have both, they're either scary and powerful or weak and bankrupt.
fundamentals still pretty strong to me. those massive change in target prices from so called analysts show how terrible they are. a 30% change in your forecast in a few weeks shows you are simply guessing.
as I posted some weeks back. it's going to be painful in the short term but medium to long term I'm happy. just topped up
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