61. The Conoco contract was the first involving exports of gas from Britain, where excess supplies has led to a collapse in prices for producers. 62. The excess supply is increasing by the month. 63. The impact of demand for the rupiah when more investors return from holidays next week will be minimal due to this excess supply of rupiah, MMS added. 64. The large slaughter also has left the market with excess supplies of pork bellies, which are cured and sliced for bacon. 65. The longer shutdown, growers hoped, would clear out excess supply and strengthen prices. 66. The problem, they say, is the excess supply, which drives retail prices perilously low. 67. Traders also anticipate that little more price-weakening news is on the horizon and the market has already priced in all the news of excess supplies. 68. According to Bonia chairman Chiang Sang Sem, the current economic trend has caused the retail market to become highly competitive and retail space to remain in excess supply. 69. He said an excess supply of chemical products in mainland and overseas markets are putting pressure on the company to keep product prices low. 70. He said given the drop in demand it is necessary to analyze the data on excess supply because there is a danger that oil prices may plunge. |