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<p>[QUOTE=&quot;Juan Blanco, post: 1561415, member: 41665&quot;]Yes but the POS fluctuated, too.&nbsp; In the last three years, Spot was as LOW as $16.33 and as HIGH as $43.61. That range says nothing about the premium itself, btw, which should be driven by a particular Supply/Demand for any given product (ASEs, in your example.)&nbsp; </p><p><br /></p><p>And for the two Spots just given above, respectively, a &#039;$1 over&#039; and &#039;$2.67 over&#039; is the exactly same 6.12% premium.&nbsp; In reality, I&#039;m sure the premium changes with the market ... but it&#039;s not evident <i>how much </i>by your (or the OP&#039;s) example.[/QUOTE]</p><p><br /></p>

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