Weekly Commentary: Spread Trading drives volumes at ICE, traders move length to Sep21

October 5, 2020 by Anant Jain

Summary: Weekly Volumes rose to 38.17M tons. Four week moving average at 22.2M tonsICE prices dipped by $0.07 on average on WednesdaySpread Volumes took up 78.47% of total volumes. Traders moved length from V20 Dec20 to V20 Sep21 after Wednesday’s price correctionCFTC: Compliance entities reduced net short positions by 6.74M…

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