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Re: as of nov 21 -November is often the biggest month for exports this year looks like it,maybe a record
My best sources are unanimous on this. NO IDEA, mainly because there are millions of bags resting in warehouses that are sold. For sure,nearby is tight, even LH 2020 is tight. They priced huge amounts last 2 weeks, clear out to Sep 2022, yes 2022! with forward futures and forward currency curve it is irresistable. Long term implication? Crazy bullish!!