Thursday, June 24, 2004

Futures prices have been rising all week, so expect retail prices to only fall slowly over the weekend. Next week, June 30 is a huge day in geo-political and financial circles. This could lead to a spike higher in futures prices, and a nice price hike on Thursday, July 1. I’ll update Monday or Tuesday of next week. “Slowly” depends on where you look. Prices fell about a penny per day in Standale, where I usually observe them, but elsewhere prices fell more aggresively.