4 ms·
last time i read, lower volume was offset by higher prices and russia stood to increase both their export earnings and their domestic stockpile
by replygirl 4y ago
last time i read, lower volume was offset by higher prices and russia stood to increase both their export earnings and their domestic stockpile
- zelphirkalt 4y agoThe fewer buyers you have, the less flexible you can be with you prices.
- zaarn 4y agoHigher prices on the open market yes, but not enough to offset the volume loss. A good chunk of new volume is sold to China, which buys at staggering discounts (as high as 50% over market rates).