Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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pocotrader

To: Broken_Clock who wrote (1363893)	6/23/2022 1:05:46 PM
From: Land Shark	1 Recommendation Read Replies (1) of 1574772

Had to do with the low price of coal and the supply glut. Because of that, Companies were not selling it at high enough price to cover production costs. They either went BK or started cutting production and then the supply/demand balance shifted. This happens with commodities all the time.

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