Supply shortfall may begin to ease
5 Nov 2010
Over the past several weeks, NZU prices have been relatively stable as, with a well understood short term lack of supply, liable entities have resisted pushing prices higher in the knowledge that doing so was not resulting in more volume emerging, Westpac reports.
However in the past week there has been evidence of increasing activity in the market, culminating in some having the view that the supply shortfall may begin to ease over the coming weeks.
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