Bidweek Average News Today

There was plenty of market activity to keep bidweek traders busy as they put October deals to bed, but outside of Appalachia, the Rocky Mountains and California, bidweek quotes showed only nominal declines of a few pennies. The NGI October National Bidweek Average fell 10 cents to $2.54 from September Bidweek, and represents a mere 3-cent premium over the NGI October 2016 National Bidweek Average of $2.51.

The Bidweek price landscape was able to continue the improvements seen in April Bidweek, and all but a handful of points recorded gains for May. Neither month appeared to be living up to its billing as a fall-off shoulder month. TheNGI National Bidweek Average for May rose a healthy 14 cents from April to $1.82, with Rocky Mountain and California points well into double-digit gains.