Posted 11/27/2015 03:11 (#4921524 - in reply to #4921246) Subject: RE:Jon, your comment on "taking delivery".
Ontario's middle east
I suspect there won't be heavy deliveries. No deliveries is bullish because it means the cash market is stronger. Why deliver to board when you have better places to go? The implications are for the spreads. If you are short and don't want to deliver you have to buy the z and sell the h (or k,n) forcing the spreads to come in, so we will see how that goes.