Saturday, January 8, 2022

CANOLA - Futures prices 2022 and the Spread

 


There is nothing much I can add or say to all the tables and chart above.

BUT where do you think the CANOLA oil is heading after July contract expire? 

When is the FIRST NOTICE DAY for the futures trader to exit JULY and move on to NOV 2022?

Look below.

IF the spread JULY - NOV narrows, it means either NOV rises and JULY no change or NOV rises and JULY FALLs, or JULY Falls and NOV no change

Let us see which one happen!      


 

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