GREY:MIGGF - Post by User
Post by
bendergardenon Oct 08, 2009 2:21pm
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Post# 16374400
A bit of resistance
A bit of resistanceWe seem to have trouble past 6.75 for the last few days. Hanfeng has moved up some, but not MGO. I figured we would drift back up to the $7.00 range, while the markets were in a positive stretch. Investors are hesistant about something. China negotiation results?? That may not come for a while, if at all. They may not conclude until there is an upswing in the fertilizer markets, forcing the Chinese to act.