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Re: hbk_136 post# 28613

Wednesday, 06/24/2015 12:59:38 PM

Wednesday, June 24, 2015 12:59:38 PM

Post# of 30377
More importantly, the west coast inventories finally show a significant drop. Still need to decline further (2.571M vs 2.1M range this time last year) , but they're the lowest they've been in 4 weeks, and the drop indicates demand is finally outpacing production. The low west coast prices over the past couple weeks probably curtailed imports from the midwest states significantly.

A little late to help the PEIX Q2 numbers, but if the drop in inventory continues, it should bode well for Q3.
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