Introduction Safex YW vs Cbot Safex YW vs Zar Introduction The aim of this report is to investigate the correlations between the pairs (Safex YW, Zar) and (Safex YW, Cbot) as a function of the distance in Zar from Export Parity.
The plot below shows the evolution of Safex YW since 2007. The blue ribbon is the price range defined by export (bottom) and import (top) parity.