The market was fairly quiet today with traded volume slowing, but trading still done at lower levels. Gulf BFT traded down to 66 cts/lb delivered late yesterday. Ample nearby supply and a dearth of buyers in the nearby market continue to push prices lower. Trading was done for several trucks as high as 63 delivered Gulf on a netback basis, but outside of the physical delivered Gulf market. The bulk of volume in the market continues to trade at lower levels. 

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