Posted 9/10/2020 10:09 (#8486772 - in reply to #8486358) Subject: RE: What end users
2.2 b is 8-10 wks of usage in the late summer timeframe, so basically pipeline usage. Carry to July 21 at only about .20 reflects the markets concern over supplies. And futures in the $3.6- $4.0 range do more to encourage production than to encourage usage.