What happened this week: The idea of ‘slow motion’ we expected described the market activity pretty well. But ‘slow motion’ is not ‘no motion’ and again sales were added to towards the end of the week which gave a better impression of the state of the market than we had had during the week. There is little to say, because we are in a period where sales activity is winding down and the level of activity is slowing. So, it has become a matter of comparison with the past when it comes to making a judgement of the market today. Looking at the facts, the market is still in reasonable shape. The order books are still good enough to clear the present production and to prevent the accumulation of stocks in the warehouses, and this will certainly apply for the next few weeks to come.

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