MES mesbon china nylon limited

this week or next...., page-7

  1. 515 Posts.
    Last year we don't have that much speculators locked in at 30c, but we do this year, therefore I think they are not participating in the selling today...if they did then I may expect more offers around the 22c region. I thought it was aggressive in a way that the intra-day price increase is larger than what happened last year (I recall that last year we had 22c then 24c), prob due to lower liquidity.

    A side point is that I don't think MC is part of this today because if I have lots of money and wish to accumulate, I don't want the price to increase too much in a day, as this is contrary to my purpose.

    So I think speculators are at work now.
 
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