In today’s briefing:
- October 2024 Price Signals: Multiple Year Highs And EUDR-phoria Could Be Curtailed In Q4 2024
October 2024 Price Signals: Multiple Year Highs And EUDR-phoria Could Be Curtailed In Q4 2024
- Short-term 20-day MA remained elevated through September to mid-October 2024
- SIR20 traded at a discount to futures
- Processors in Thailand and Indonesia faced more margin pressure due to high raw material costs
- The forward curve shows October 2024 prices at their highest for the year
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