Expect more sales action in January
22 Oct 2010
While trading is still somewhat muted due to lack of supply, the spot market has traded at $20.05 and the forward market traded for April 2011 delivery at $20.40, OMFinancial reports.
OMFinancial is of the view that more volumes will start to appear on market as Pre-1990 and Trade-exposed entities (EITEs) start to get credits and the Post-1989 vintages will start flowing from January.
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