Qatar's Helium Glut Drives Global Market Surplus
Qatar, the world's largest helium supplier, has been driving a global overproduction of the gas for nearly two years. This glut has pushed prices down and margins tight in the helium market.
The helium market has been grappling with oversupply since 2020. Qatar's significant contribution to the global helium supply has been a key factor in this surplus. As a result, spot prices for helium have plummeted well below contract prices and are predicted to stay low.
This situation has put pressure on helium producers and consumers alike. The low prices and tight margins are making it challenging for companies to maintain profitability in the helium market.
Qatar's helium overproduction has been a significant influence on the global helium market for nearly two years. The resulting low prices and tight margins are expected to continue, presenting challenges for market players.
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