bearish

Helixtap Price Signals Flash Update: Physical Price Differential Premiums Over SICOM Rising Above US$100/mt

1 View02 Feb 2024 09:16
This year so far, prices for prime grades such as STR20 and SIR20 levels were assessed at around US$1,670/mt and AFR10 (CIF HAM/ROTT) at US$1,545/mt. Year to Date, these levels represent an increase of about US$65/mt, or about 4% across the 3 grades. The SICOM TSR20 (P1) futures instead recorded a decline of US$29/mt, or 2% YTD. For physical grades, these prices were last seen at this price range in July 2022, about one and a half years ago. The SICOM futures were last observed at this price ran
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