Just for fun lets track the April futures contract open interest and see how much of the current 27000t remains the closer we get to delivery date. From what has hapened so far from Jan to March I would guess less than 3000t. I will post again in April to track this. If it does end up as a low number then the industry and investros etc, need to seriously ask themselves why we are tracking a futures market that is basically hollow (no physical commodity behind it).
Good News & Bad News, page-40459
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$3.22 |
Change
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Mkt cap ! $9.691B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 11 | 120600 | $3.22 |
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|---|---|---|
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