Seems like the narative around demand from China has changed every few hours for like a year.
Either too many covid restrictions or too much covid. Either opening up will drive prices up or opening up is underwhelming but still driving prices up? It’s hard to follow
I swear the last year or so China narratives are just market manipulation tactics
I’ve noticed that people are very quick to dismiss wrong predictions so I’m thinking that the strategy is to throw everything at the wall and see what sticks. If they get something right, they get clicks and credibility. If they get something wrong, it’s just water under the bridge.
No doubt about it.
And there’s a little bit for everyone to confirm their biases.