EC2406 contracts should not be pursued for too long
2024-05-13 06:58:12
Golden Ten Futures on May 13th, Guotai Junan Futures commented: EC2406 contract rose more than 15% in the day, and the far-month contract hit the daily limit. The main driver of this round of rise comes from the recent announcement of shipping companies to increase the European line FAK rate, which is supported by certain fundamentals. At present, the premium of 06 contracts is gradually expanding. It is recommended that traders participate rationally. 06 contracts should not blindly chase up. It is necessary to be vigilant against the impact of long positions taking profits and leaving the market. EC2408 contracts are still strong in the short term under the support of seasonal peak season expectations. Follow-up further attention to the mainstream shipping company's open bunker price in June.
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