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Helium Shortage Pinches in Brazil Based on March Data

Effects of the helium shortage are finally showing up in the data with sharp price hikes. Brazil has maintained importing an average of ~3mmcf from the U.S. for the last 6 months. Its pricing ranged between US$300-400/mcf until February 2022. But in March, this shot up by almost 2x to US$630/mcf.

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