01
Aug
10:37
Forward rebar deals distort Singapore market
Increasing trades involving forward deliveries of rebar into Singapore are disrupting the physical market, Kallanish understands. Spot traders say these deals do not reflect market fundamentals nor real prices.
These sellers are offering rebar to end-users with future delivery shipments. Currently, there are offers for rebar shipments with up to mid-2020 deliveries.
These derivative trades are distorting prices because the …
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Anonymous
Very good overview of the weekly steel market.
Anonymous