Weekly Commentary: Trade volumes rise to 24million levels even as front prices drop

January 27, 2020 by Anant Jain

This week at the InterContinental Exchange, front prices gradually decreased, closing 5 cents below week 3/2020, to USD 17.58. The benchmark delivery V20 Dec20 closed 7 cents lower, to 17.33 USD. Total traded volumes crossed 24million levels, up by 50% from the previous week. Here, the current vintage attracted 60%…

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