Today No. Mar’23 opened the session at 20.95, +6 points from previous settlement. Big volumes just after the opening kept market to push above 21c, market reached 21.13 at 9am and another spike was seen at 10, when market saw its daily high at 21.18. Sellers acted stronger after the high and around 11pm, prices retreated to below 21c at 20.90. The daily low was registered at 3h30pm at 20.81, not soon after prices returned to the 20.90 range. In the last trading hour prices touched 21.05 again and closed valued at 21.00. Settlement price was 20.98, +9 points from previous settlement (+0.43% change). SB H3K3 spread closed at 1.48. Volume traded was 33k lots.
Whites H23 opened this shorter session trading with some overnight gain at $575, $3.7 above last settlement. Quick correction was seen just after the opening, when prices traded near $574. Buying power took place near 9h15am and market saw a big climb in prices reaching the daily high at $579.6. At 11am, market came back to opening levels until 12, when sellers brought market down to 571.1 In the end of the session, Mar’23 settled at 572.1, a $0.8 change from yesterday’s settlement (+ 0.14%). The white premium closed at 109.13. The Mar/May spread closed valued at $23.1.
