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Ponch73

05/02/17 12:09 AM

#197 RE: OMOLIVES #196

If memory serves, MMC got $75 per ton in 2016, which would be in accordance with his expectation.

Pricing in 2017 will obviously be, much better, but my contact was essentially saying that he didn't think that MMC's prices would stay above $100/ton in the long run.

We still don't know, by the way, what Q1 pricing looks like. CFO was guiding to $120/ton (what MMC was apparently getting between Nov and Feb), so I fully expect the number to come in around $90/ton. In other words, I think she is full of a word that rhymes with "it".