Runner Market Activity

Trading was steady out of the North American and EU markets, $1.08 and €0,87 – 0,93, respectively. Sources in the EU have commented that Chinese demand is lending some support to the EU market, but others contend that the EU market is status quo.

Many have commented about the higher trades in the market, suggesting North American values should be no more than $1.00 – 1.05 given retail conditions and the EU runners that are readily available at…