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WTI July futures are $37.60 now but WTI spot price is $32.85

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jimk3758

21,671 Posts.

83

16/06/20

20:09

Post #: 45260166
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Originally posted by BIGSKY9 ↑

I have real spot at $37.70

In december CMC's cash WTI should actually be back at close to the real cash price

The problem is you have to hold it for the next 5 or 6 months and pay 220% in holding costs for it

I dont think you can go long on CMC Cash at present anyway...they closed it due to all
what is going on with this product, you can only reduce positions not open new ones

Seeing how big a trading commodity WTI is, this must be costing them heaps, they must
have had some serious issues to do this IMO

cheers grant

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WTI July futures are $37.60 now but WTI spot price is $32.85

Last edited by jimk3758: 16/06/20
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