This uptrend line began with the low of Friday's
futures price and the low of the Sunday night price.
Forecasting Method for Interval-Valued Carbon
Futures PriceHe and Holt [4] use an error correction model with generalized-quadratic ARCH-in-mean (to accommodate a time-varying risk premium) to find that the lumber spot price series is not cointegrated with the lumber
futures price series.
Given the intimate relationship between supply, demand, inventories and forward prices, the shape of the
futures price curve is closely monitored by professional traders.
Nonstationary, nonlinear tests are performed on Chinese stock index
futures price series based on Ruan and Bao [11].
They used weekly oil
futures price between January 1984 and November 1988 to determine the value of the instantaneous convenience yield.
Cote d'Ivoire's cocoa
futures price at Monday's auction recorded a rise while coffee went down, according to figures released by the Coffee-Cocoa Council.
*
Futures Price: Cushing, OK Crude Oil Futures Contract 1 (Dollars per Barrel).
Meanwhile, Brent increased by 1 cent to end the session at USD 109.52 a barrel on the London-based ICE Futures Europe exchange, while US crude
futures price increased 76 cents to settle at USD 102.59 a barrel on the New York Mercantile Exchange (NYMEX).
Given China's critical role in world soybean supply and demand, the DCE has grown into the largest NGM soybean futures market in the world; its soybean
futures price is one of the leading indicator prices in world soybean markets.
May
futures price for New York Western Texas light oil closed at US$103.02 per barrel on March 30, when May
futures prices for London Brent crude oil closed at US$122.88 per barrel.