I just called Glenn in Pulaski and Jack in Waynesboro and they both told me the same thing.
Price drop, or stall out at this point, and their market looking iffy...
Glenn was at 630.00, but offered 620.00 this evening. Jack seemed a little more spooked and said he only had a few pounds on hand now and he was worried about buying much more at this point.
Evidently most of the seng they have been selling was going to two large Chinese buyers and one of those has filled their order (got their boat load) and is pulling out.. which leaves no competition for the other and so they are expecting the bottom to drop on the price.
I was expecting good news from this check up on price... but did not turn out that way.
Anyone else heard from Tennessee buyers lately ?
I don't like the sound of this.