Quotations
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Daniel Hynes Quotes
«Prices are being pulled from pillar to post at the moment, which is all a consequence of a tight market and will continue as long as demand is so strong and supply is struggling to keep up.»
Author: Daniel Hynes
«All these factors create apprehension in the market and reinforce the view that we're on a knife's edge in terms of supply and demand. The uncertainties heighten the risk premium applied to this market.»
Author: Daniel Hynes
«Fears that production will be cut at a time of relative tightness has pushed the price higher.»
Author: Daniel Hynes
«If high prices do continue much longer, they will certainly have a bite on GDP growth. At the moment, we are at the stage where prices are really driven by short-term factors that the market has been dealing with for the last few months.»
Author: Daniel Hynes
«It really has been a momentum-driven push to $60 over the past week. We've seen funds really pile in hard in an effort to push it over (that level).»
Author: Daniel Hynes