LONG AUG VISCO
Visco have been weakened lately by poor physical demand and trade house selling. It has seen some recovery this week with better demand for 180, as cooling demand has increased due to hot weather in the Middle East and Persian Gulf. Using Onyx COT data, the market is overall positioned long with a Long:Short ratio of 63:37.
![](https://onyxhub1fe01bf731.blob.core.windows.net/blobonyxhub1fe01bf731/wp-content/uploads/2024/07/image-3-1.png)