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We are officially below the December 2011 low. They may "think" the price will turn around back to last summer, which is about 30% higher than today, buying low to sell high...I'm not sure how many metric tons they are storing, but it would have to be an awful lot to affect the price. My next shipment will be about 150-200 tons.
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James
The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
Red-beard for President, 2020
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