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Rule_62

06/24/15 12:59 PM

#28614 RE: hbk_136 #28613

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.