CME Group's busheling futures trade 1,028 lots

November 25, 2020 / www.metalbulletin.com / Article Link

CME Group's busheling futures trade spiked to 1,028 lots (20,560 tons) on Monday November 23; all prices jumped day on day, with the January-June 2020 contracts rising to between $380 and $385 per gross ton, widening the spot-futures contango up to $85.

The front month December contract received six trades at $350 per ton before settling $10 higher day on day at $352 per ton, according to the exchange's daily report.

The most actively traded January 2021 contract traded 363 lots and closed at $380...

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