We disregard December as UNG contracts have already rolled over. Prices only start climbing about June 2011.
With this weight off its back, UNG continues to respond quite kindly, up about 8% for the week.
Friday, November 19, 2010
Natural gas today: contango is still dead, UNG up again
Another day, and still no contango for the early months of 2011 in natural gas contracts. As of 12PM:
We disregard December as UNG contracts have already rolled over. Prices only start climbing about June 2011.
With this weight off its back, UNG continues to respond quite kindly, up about 8% for the week.
We disregard December as UNG contracts have already rolled over. Prices only start climbing about June 2011.
With this weight off its back, UNG continues to respond quite kindly, up about 8% for the week.
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