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To: Real Man who wrote (407400)6/28/2010 4:34:01 PM
From: carranza2  Read Replies (2) | Respond to of 436258
 
No, not a complete joke, but not a complete explanation either.

In terms of value, as of 1Q010, total demand was down 9% quarter over quarter. In terms of tonnage, down 25%.

Price was up 22%.

Rising price in the face of slowing demand......

What is sustaining the price?