You are correct and I apologize for the incorrect number combining Qatar and China. While the us is one of the biggest helium producers if the US is trying to fill the gap that’s happening from countries not being able to export or banning exports it’s only going to continue to drive prices higher. Unless demand destruction occurs prices will continue to go higher in my opinion.
Thats not true at all. The US is about 43%, and Qatar about 33%, Russia about 9%, and China less than 2%.
You are correct and I apologize for the incorrect number combining Qatar and China. While the us is one of the biggest helium producers if the US is trying to fill the gap that’s happening from countries not being able to export or banning exports it’s only going to continue to drive prices higher. Unless demand destruction occurs prices will continue to go higher in my opinion.