Given discussions here in Hong Kong from people who have seen or purchased material, I would expect that the current material and the progression of sales this selling season will be inline with rising achievements in the market. Both the US and China markets have been purchasing all corrundum variants at the last shows, and evidence here says that there is interest continuing here in Hong Kong.
I believe the company is in tune with the market movements and placed well to access the same economics. The market chit chat is that the buyers will be welcoming of supply of these goods in the vastly improved wholesale and consumer circles. Excess inventory evident even last year is quite depleted so its now a dynamic marketplace again.
It is an interesting report. Certainly there is a lot of information that could be added to it, but the only way to do that would be to conduct interviews with the market players as that is where the data sits.
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