A minuscule gain at the Southern California border was about the only exception to falling cash prices Thursday. While a few scattered points dropped less than a dime, most measured their losses in double digits. The larger declines of about a quarter or more tended to cluster in the Rockies and at Northeast citygates.
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Prices Drop at Most Points Along With Heat Levels
A minuscule gain at the Southern California border was about the only exception to falling cash prices Thursday. While a few scattered points dropped less than a dime, most measured their losses in double digits. The larger declines of about a quarter or more tended to cluster in the Rockies and at Northeast citygates.
May Futures End Volatile Week By Posting Minuscule Gain
Following three days when trading volume at the New YorkMercantile Exchange averaged 117,518 contracts, the May contractgained a mere 1.4 cents to $2.342 amid a session when “only” 74,378contracts changed hands. Sources said much of the activity onFriday was simply position covering ahead of both the weekend andthe expiration of the May contract this Tuesday.