Latakia on fire

[expatpipe]

I was just wondering, with all the sht going down over there, could there be a disruption of latakia being shipped out, rising latakia prices, or is it that the companies that buy latakia already have such a large quantity stockpiled that it has no effect on the latakia market?

 

[mjtannen]

The bigger problem is oil being shipped out. Fuel oil is now more than $4.00 a gallon. #2 fuel oil/diesel fuel will break the budget far more seriously than latakia will. Most anyhow comes from Cyprus. Syrian latakia has been scarce for a long time....nothing new.

 

[expatpipe]

Thanks, did not know Latakia has been scarce there.