OTCQX:PALAF - Post by User
Comment by
PUNJABIon May 02, 2013 11:02am
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Post# 21329328
RE: U sector recovery may come by 2016
RE: U sector recovery may come by 2016 I have read the statement of CCO many times & am still trying to figure out what it actually means. What I understand with my limited English is that there is medium term uncertainty which is not positive or not bullish. Which could also mean that no one know what may happen including further weakness till 2016. The demand & supply till 2016 is at equilibrium hence no significant changes or improvement in prices. This tells me that the recovery is delayed to stalled. When I look at the increasing inventories by 31.6% that is an indication of further weaken in spot price. Japan is the wild card.