why is it sinking today, page-6

re: why is it stinking today. warehouse numbers affect zfx because, usually, higher warehouse stocks means lower prices (spot and future) and it is the price that directly impacts on zfx

although today we have stocks up 1,325t and price up US$20.50

not what i would've expected for an increase in warehouse stocks

but its only a small movement for both so can't read a lot into it...