Not China. I think what this sale has been all about right from the beginning has been the assumption on the IMF's part that China was going to be the buyer of the whole 400 ton lot. So when China balked at the price, I think they thought they were going to get it for the originally assumed price of $850 and when that didn't happen and India bought half of it for the, at the time, going market price of $1025, they refused to buy the rest because they didn't want to look like they were chasing the dragon's tail. So unless some other central bank steps up to the plate and buys at the current market price, which is unlikely because that is exactly what the IMF has been unsuccessfully trying to arrange for the past couple of months, and now that things have run their course and the IMF has had enough, they are going to not maybe dump, but rest assured sell the lot as quick as they can on the open market because they need the money and they need it now. Think Haiti.
