摘要
Recent price movement Most benchmark prices decreased over the past month. Chinese prices moved sharply lower.Open interest has shifted from July and into the December contract. After moving lower in early May, values for the July contract were volatile but rangebound between 65 and 70 cents/lb for most of the past month. Values for the December contract also moved lower in early May. While they had been rangebound, December prices have been testing the lower end of their recent range, briefly dropping below 65 cents/lb in the latest trading.
