Undoubtably someone is feeding the 0.013 to 0.014 range, then...

Undoubtably someone is feeding the 0.013 to 0.014 range, then again, someone is supporting and soaking the SP at this level.

We shouldn’t be too far off an update with the Unilever trials, having said that, the most troubling aspect of Range at the moment is their location in Indonesia. I am concerned on the back of Ramadan, that a surge in COVID cases (and lockdowns) will impact their ability to manufacture and sell pallets. We might be in for some extra turbulent SP swings if this proves correct.