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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: benwood who wrote (9364)4/21/2020 12:30:41 AM
From: Sun Tzu  Respond to of 26769
 
Yes, too many armatures held on to their contracts past the rollover date without booking storage. And then they realized that tomorrow they have to take delivery. So they ended up selling at any price.

FYI - what was left was less than 10% of total contract volume, but those were the people who didn't realize that May contract actually is stuck with them for deliver in April.