We had all packed our factor 50 Ambre Solaire sun cream, the latest Ray Ban sunglasses and the essential white floppy hat, ready for a couple of weeks in the sun. The LPG market was in its usual summer doldrums, so when we get back, batteries re-charged, we will be well prepared for the start of the pre-winter buying to commence. Well, all the holiday gear is packed, but the market is showing signs that it’s about to move in a different direction.
Many years ago, when I was young and single, I would always come across this guy, I never knew his name, but every new hip bar I went to, he was stood there, glass of champagne in hand. I got to know him, especially as he was able to tell me which the next in-bar would be. I always called him “the Indicator”. It’s funny how we try to spot commodities that can likewise indicate the next big move in the global economy.