The northern white market has begun Q2 with sideways movement following a strong end to Q1. 40/70m has been especially difficult to source for both spot and contract customers over the past several weeks;
Last week, the markets were mostly stronger with the exception of both Kermit 100 and 40/70 mesh. The divergent behavior of the past few weeks between Kermit and northern white markets is slightly deceiving. One might assume that the combination of positive movement for FOB Odessa and the negative movement for FOB Kermit might suggest a shift in demand; however, this is not the case.