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Re: cliffvb post# 10599

Wednesday, 10/22/2008 3:24:57 AM

Wednesday, October 22, 2008 3:24:57 AM

Post# of 35802
Cliff, thanks, excellent article. It looks like acid could easily go below $200 tonne based on current falling copper prices - SXEW guys simply can't afford higher prices as margins could be negative for many - if that happens, they'll shut in production and demand will fall off a cliff causing acid prices to plummet further. Acid suppliers have no choice but to accept lower prices, especially as demand declines in the fertilizer space.
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