You are looking at that seasonal chart more "finely" than I would have.
So, with that, I guess you would suggest that we should see a fairly substantial
drop in price from Mid. Aug. through Early Sept. [This drop I have trouble with the
"rhyme or reason", but it is clearly there !!]
I can see the price rise Sept. and holding high through Oct. as producers know storage stocks have to be
re-built and will demand a higher price, but the behavior during
Nov. and Dec. kind of escapes me. [Maybe it is a "historical whiplash" from the high end Sept./Oct. price of peak hurricane season] as things straighten out ????
Any thoughts, greatly appreciated.