A strange week where the much anticipated Index Fund re-weighting period, which had been expected to provide 50,000 lots worth of buying in the market, still saw prices slide around 100 points week-on-week.
Spreads have swung back into a more 'normal' carry structure and specs look less interested in playing the range, having incurred losses over the last 6 months.
QSL expects to see prices remain within an approximate range of between 13.50c/lb-15c/lb...
To read the full QSL Market Report click here.
Queensland Sugar Limited published this content on 15 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 January 2018 06:54:09 UTC.
Original documenthttp://www.qsl.com.au/news-media/qsl-market-update-92
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