Loading ...Re Spreads
This is really weird…..Netdania prices are spot London prices, and yes the spreads have widened, especially as less people are quoting…I think.
Yet Crimex prices are not affected, only the premium…..We have wide spreads in London, but narow ones in NY, yet NY is because of the premium, supposed to have the problem……it is the exact opposite of what should happen, if NY has the problem…..
It may all be down to no/few dealers in London and no-one will risk arbing the Diff, as they may not be able to deliver the metal into NY, as all flights may get cxlled, at the drop of a hat.