The screen may have decided to take a breather Monday afterflexing its muscles so impressively last week, but the heated cashmarket showed no signs of settling down. Western quotes stagedtheir by-now-familiar retaking of ground lost over the weekend, andthis time they actually shared in the general bull market by risingin greater amounts than they had fallen on the previous Friday.Eastern points, on the other hand, continued to build on the upwardtrend they had seen all of last week.
Breather
Articles from Breather
Amid Volatile Times, Futures Take a Day of Rest
After tumbling 8.1 cents lower in Tuesday’s sell-off, the marketseemed to take a breather yesterday with neither bulls nor bearsable to influence price movemnet in their favor. The June contractwas limited to a tight 4-cent trading range, slipping just 0.8cents to finish at $2.254. Estimated volume was moderate, with67,082 contracts changing hands.
May 20, 1999
Weekend Prices Ease Back from Long Climb
The cash market took a bit of a breather Friday from the uphillclimb that began last Tuesday. Weekend quotes ranged from minimallyhigher to nearly a dime lower, with most of the softnessconcentrated in the Midcontinent, Midwest citygates, Southwestbasins, northern and southern California borders and intra-Alberta.
November 9, 1998
Price Increases Slow; Rockies, California Down
The cash market took something of a breather Tuesday followingthe breathtaking uprising that began the week. Several pointscontinued to rise but by decidedly smaller amounts than on Monday.Flat to slightly higher was the general rule, but Rockies numberswere falling as supply outages neared an end and mild weather inthe Western U.S. continued to depress demand. Malin and theSouthern California border also fell by small amounts.
June 24, 1998
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