50% of prices are locked in, another 50% r spot. The supply in china is further tightening. There is not an insignificant chance that prices maintain or rise from this lvl.
i suspect that in october thereabouts there should be additional workers coming in. Currently vaccinations are at 48% fully vaccinated. At 300k per day. By the end if the month there should be another 8 or 9mil vaccinations on a 30mil population. Likely above 65% full vaccinations by end of september.
chinas vaccinations look to be at 60% thereabouts as well. Another 1 or 2 months and it should hit 70 to 80%.
population demographics usually mean that 20 to 30% of the population is below the age of 18. This age group is not vulnerable to the virus. Basically at 70 or 80% the adult population is 90% vaccinated.
if the furnaces get fired up that will be additional funds heading to the bottomline. While the commentary isnt so positive. Likely that by the end of october additional workers will be coming in.
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