SIR20 has registered a 20/50MA bearish cross on 20 June 2023. The price trends following this are likely to trend downward for the upcoming period of time.
Physical price differentials over the first position SICOM TSR20 (immediate month contracts) have continued to narrow since the last update.
What is covered in the Full Insight:
Introduction
Price Trends and Differentials
Margins Analysis
Spreads and Currencies Impact
Conclusion
SUMMARY
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