Post by
Rockies303 on Jun 30, 2021 12:57am
Pricing and Supply Issues
https://www.gasworld.com/helium-oversupply-leads-to-a-pricing-plateau/2020020.article
Comment by
Margin321 on Jun 30, 2021 9:05am
Just to be clear that article is from October 23, 2020. The guy had some good points. But that is over 8 months ago and economic recovery has outpaced what was prokljected then. At the very least the assumptions need an update.
Comment by
Rockies303 on Jun 30, 2021 10:55am
I know it was dated, but that and associated stories still pop up here and there. The production and supply facts he refers to are still valid and in place. We really need an update on current news and data.
Comment by
Margin321 on Jun 30, 2021 11:06am
I agree, but it is tough with helium because price is negotiated on individual contract basis and there is no central trading price as with other commodities. The most accurate data has come from aggregated import invoices into China, which has to import all their helium. They have been paying around $350 but I do not know numbers in recent months.