Runner Market Activity

Trading this week was limited to two loads of EU material at €0,90. Sources, for the most part, were in agreement that the EU market is steady at this price level. The exchange rate has improved for the European market and the US$ equivalent is now at $1.01. With a EU market trading in very good, liquid volume at $1.01, many have asked how the North American market could trade at $1.26.

Finished goods are reported in the $7/hank area and at 5.5…