Mark Pervan
Mark Pervan
against backs chinese clearly contract government hand helping prices rising steel wall
This is clearly just posturing, and a helping hand by the Chinese Government to the Chinese Steel Mills, who clearly have their backs against the wall to try and keep contract prices from rising in 2006.
market strong taking
It had a pretty strong run, so the market is taking profits.
crude demand oil reflect starting steadily stronger
We're now starting to see that demand is steadily improving. There's going to be stronger demand for heating oil and crude futures are starting to reflect that.
alone approval benefit defining expect government guys juniors mine months passed point product six view
From a short-term point of view I don't expect any of these juniors to benefit. It's going to take six to 12 months to get legislation passed to get these guys up and running, and then they have to get government approval to actually mine the stuff. It could take many, many years for them to get their product to the market, let alone first defining what they've got.
report solid
Other than that, it was a solid report with no real surprises.
growth investing market players supply
Supply growth is not there, and the players in the market aren't investing in new supply.
drop larger report selling sentiment
We won't see much selling before the report comes out, as the sentiment is that there could be a larger drop than expected.
high huge material raw realizing users
There's huge demand. These users are realizing that with such high raw material prices, it makes sense to own some of these assets.
bit gasoline profit since supply surprised taking
But since U.S. gasoline supply is actually ample, I'm not surprised there's been a bit of profit taking today.
ahead bit crude healthy looking morning oil since situation stocks
We're looking at a bit of profit-taking this morning ahead of the U.S. crude oil stocks report. The market's probably got a little ahead of itself, since the U.S. crude situation is very healthy at the moment.
bit caution prices profit taking
There is probably a little bit of caution - we could see some profit taking - these prices look pretty heady.
company full last operated tilt
This company pretty much operated at full tilt in the last quarter.
conditions current deliver good held hostage market operating results tough
They've been held hostage to pretty tough operating conditions. You want to be able to deliver good results into current market conditions but they haven't been able to do that.
coal good lower price quality
This is still a pretty good outcome. The price settlement for lower quality coking coal was better than expected.