Following the previous update in end-October, there has been no change in moving average trends for both physical grades and the SICOM futures. Short term moving averages remain above longer term moving averages signalling continued bullish price trends. STR20 and SIR20 are currently at the highest levels year-to-date, while SICOM and AFR10 (CIF Assessment) are near their respective YTD highs.
What is covered in the Full Insight:
Introduction
Moving Averages
Price Differentials
Spreads
Currencies Impact
SUMMARY
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