MLX 2.53% 38.5¢ metals x limited

Ann: Quarterly Activities Report, page-138

  1. 535 Posts.
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    Don't know. Have been reading research on looming supply deficit for a long while - and it sounded very plausible. But Myanmar impact should have been far more pronounced by now. Some destocking has taken place. But the price is the final arbiter. And it looks like demand is far weaker and the impact of shrinking supply has been overestimated. I'm giving it another 3-6 months.
 
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