Runner Market Activity

Trading was very quiet this week with the CNY holiday underway. Opinions on market direction were split, as they typically are, but the bears in the market are becoming more numerous than the bulls.

EU trading was done at €0,87 for two containers. Sources remarked that many are taking notice of the strengthening Euro against the dollar, 4.6% over the last month, but have commented that it hasn’t affected price, yet.

Table 1.