Given a little boost from the modestly firmer expiration of October futures and an almost imperceptible return of higher temperatures in the South, the September daily market ended Wednesday with a near-repeat of Tuesday’s trading — prices nearly all within a narrow range around unchanged.
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Near-Flat Quotes Dominate; Weekend Looks Much Softer
Flat or close-to-it pricing was almost universal in Thursday’s market, and for a change almost-imperceptible firmness prevailed instead of the mild declines that had dominated trading in the previous two days. The previous day’s screen uptick of 4.9 cents was the chief impetus for arresting the overall slide as forecasts continued to hint that the end of winter was nigh.
March 5, 2010
Near-Flat Quotes Dominate; Weekend Looks Much Softer
Flat or close-to-it pricing was almost universal in Thursday’s market, and for a change almost-imperceptible firmness prevailed instead of the mild declines that had dominated trading in the previous two days. The previous day’s screen uptick of 4.9 cents was the chief impetus for arresting the overall slide as forecasts continued to hint that the end of winter was nigh.
March 5, 2010
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