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joeblow110percent

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joeblow110percent

Re: surebob post# 2167

Wednesday, 07/02/2014 9:11:52 PM

Wednesday, July 02, 2014 9:11:52 PM

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Big problems in Brazil with their worst drought in fifty years. Brazil gets most of its electric power from hydro power in their dams. The drought is so bad that they are talking black outs. At the least, they are paying much bigger power bills. I have also read that they have a $72 production cost that includes the shipping cost to China. That will effect world wide supply.

Our buyer in China and our contract is solid.
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