Ann: Historical Business Unit Information, page-8

Technically you are correct CP but there’s a definately “physiological” correlation between POO and CTX SP in that for some reason traders sell it down when POO is struggling as it has been the last 4 weeks and bid it up when POO aid increasing.

I think POO will remain under pressure in Nov but I’m guessing OPEC will certainly cut supply in Dec to support the price which will lead to a mini rally in POO and then you’ll also see a quickfire 5-10% rally in CTX.

Remember this post CP, it’ll happen as I say or thereabouts lol