bearish
Futures Curve Flat Across Till June 2023 What’s The Next Play?
3 Views16 Dec 2022 11:59
The futures prices converged to the lowest possible denominator - currently Indonesian grade - and interestingly, was flat across the curve for most of 2023 at around 1,370 USD/MT. This represents the very mixed trend in the market with 2 opposing forces.
What is covered in the Full Insight:
- Introduction
- Futures Curve Analysis
- Chinese Market Activity
- Rumor of African Export Ban
- Conclusion and Next Steps
SUMMARY
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