Now what about 2023 predictions?
I would say that most of the supply surge is behind us, and the demand surge is ahead of us, meaning much higher prices sometime this year.
A complete China/Asia reopening would likely bring around 4mbd of extra demand 1/4

— Pierre Andurand 🇺🇦🌻🇫🇷🇪🇺 (@AndurandPierre) January 6, 2023