CME MW duty-paid financials for H2 2019 increase further to a three-week high; LME MW financials waiting to gain traction
Preliminary data indicates that CME MW duty-paid premium financials for Q3 2019 increased today to a three-week high of 18.00 cent/lb. Moreover, CME MW duty- paid premium financials for November–December 2019 transacted at 17.53 cent/lb. Today’s preliminary transacted volume for H2 2019 contracts was equivalent to 9,925 mton. Meanwhile, LME MW duty-paid premium financials have not registered transacted volumes since their first day of trading on March 11.
More details in full report.