Nitro 7 wrote:This change was for domestic segment only and their share is not that high for this segment. However, ratio within LGL for the 3 segments (domestic, industrial and auto) is not known by myself.
In the World mkt the LG prices have come down so less impact than we think.
True the gas prices reduced .Haven't You all think that their 2nd Qtr results are better. The reduction came today mid night onwards 10/10/2014.
By then these price reduction announcements are all history. Results will takeover & i expect them to be good. There was good resistance @ 38-39 range. look out.