RE:China Communist Party Congressyeh well, the higher the prices the more attractive for mining and thus higher production volumes. When there is more produced than consumed, prices go down again.
At lower prices these mines have to close again. And thus the price will raise as it did this summer.
Bottomline, I'm afraid that for the next 2 years we will have a jojo movement: going up, going down.
If all this new capacity (300tm in China, 11000 in SA) is on the market, prices will have to go down again. Maybe we can remain this high for a few months but when mapochs is almost fully operational prices will go down.
so I draw my conclusions for now ... and sold about 80% of what I had. If it should skyrocket for a reason, the remaining should make me happy. Anyway, I'll be back before the redox batteries miracle starts.