Aug 20th 2012, 0:24:25
Did that make sense to you as you typed that out Serp? Lack of demand caused prices to go up? Economics 101 would state otherwise.
1. Either an increase in demand caused the supply to dry out and hence prices went up. The sudden increase caused a slight shock in the system and people decided to bank turns hoping it would drop back to normal, but you can't bank unlimited turns. And hence the volume sales is coming back to normal.
2. There was a decrease in supply. Maybe some techers are planning tp destock as MBRs in anticipation that they will be done when military prices start jumping.