A narrow basis or even a positive basis is out there in the sense that they can call you or you can call them. However these are generaly localy varriable and on a good day good day add up to $25/mt price difference. Where as if they are bidding in the open market everyone gets to see that someone wants canola, this usualy results in the other players, specutlators, hedge funds, ect thinking, "hey there's a shortage of canola out there, maybe we should invest in that" resulting in a more robust price movement.
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