This week: We are in the middle of the phase when European industry is busy planning its summer break. The first customers are announcing their holiday weeks. No one feels at the moment that raw materials are in short supply and that there is no danger of prices rising. No one is particularly active and deliveries and supplies can be made on basis of the current production. We have been pointing out for quite some time that, from our point of view, there are some types that are overvalued in the general price structure and this seems to be slowly becoming accepted in the market.

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