Keep an eye on crude oil spot aswell... They want it at $50 a barrell, they said $45 this quarter and it rallied to $42 last night. NP has about a 10/1 roughly comparison need to go over the last 30 years of data again but in that range. If crude hits $50 a barrell, NP will be around that $5/lb mark at some point after...
China PMI 50.2, page-63
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