Posted 1/30/2014 07:20 (#3647754) Subject: china cancelled contracts as an indicator
NWIOA
Since China uses cancelled contracts to drive down prices and buy in later, could we use cancelled china contracts as an indicator of future purchases? IE: say they are at 20% cancellation rate historically, and they import 80% from USA, if there are more cancellations than normal, would that indicate greater demand coming down the line? or am I just goofy?