“The improvement in underlying sales has been driven by some price investment and by 'easy' improvements in availability that you would expect in the early stages of a recovery.”
“The improvement in underlying sales has been driven by some price investment and by 'easy' improvements in availability that you would expect in the early stages of a recovery,”
“Prices should continue to consolidate in the wide range of $535-$555 in the near term, though the underlying sentiment remains bullish and downside appears limited at present.”
“The cooling in prices in April was not unexpected given the surge in March. However, the underlying picture remains reasonably healthy as demand conditions have remained quite firm.”
“We completed the first quarter with strong momentum, and we continue to improve our underlying cost structure in a difficult macro environment,”
“The major markets overseas - Europe, Japan and Asia - have fairly solid underlying momentum. Japan is certainly improving and Europe is more like the Queen Elizabeth slowly turning around.”
“I think a turnaround is clearly under way. The underlying trends are really improving.”
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