Structural Price Range
MYR / MT Regime Bands
2020
1,900 – 3,200
2021
2,700 – 5,200
2022
4,000 – 7,200
2023
3,600 – 4,800
2024
3,800 – 5,300
2025
4,200 – 5,800
2026
4,000 – 5,800
2027
5,200 – 6,400
2028
5,800 – 7,200
2029
6,400 – 8,000
2030
7,000 – 9,500+
2031–2033
7,200 – 9,800
2034–2036
7,500 – 10,200
2037–2039
8,000 – 11,000
2040–2042
8,500 – 11,500
2043–2045
9,000 – 13,000+
Shock
2020–2022
Base
2023–2026
Scarcity
2031–2045