date:Feb 11, 2019
If this is indeed the case, the market could recover within a few weeks. While the volumes from traditional producing countries have not risen significantly, Peru has tripled its export volumes to Europe. This caused some oversupply on the market.
Australia: Above average volumes
For 2018-2019, the total Australian production is estimated at 200,000 tons. Of these, 130,000 tons are intended for export (65%) and 70,000 tons for the domestic market (35%). The production for export is expected to