STC Price Remains Stable

Once again the STC price traded in a relatively small trading range last week around the $37.00 level. There was moderate levels of activity as the spot price went as high as $37.10 before softening late in the week to close where it started back at $37.00. The last few weeks have seen the spot market remain fairly stable but there has also been some forward contracts agreed upon around the $36.80-$36.90 range for later in the year. This suggests the current strong spot price has limited upside. STC creations for last week where around 655,000, continuing the a consistent trend even as we enter the winter period.

Our STC pricing for this week can be found via the following link: