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CME MW duty-paid financials firm up again but continue to trade below journalistic references

Preliminary data indicates that CME MW duty-paid premium financials for June– October 2019 increased today to a six-months high of 18.36 cent/lb, up 0.28 cent/lb from April 10 (when the most recent volume was transacted for this period) and 0.52 cent/lb higher than a week ago. US MW duty-paid financials curves (both CME and LME) continue in a steep backwardation.

 

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