From March till 11 April 2023, Helixtap STR20 has seen a falling trend in the price spread over SIR20. STR20 prices declined US$13/mt against US$53/mt for SIR20. This difference amounts to a US$40/mt reduction in the price spread over 23 trading days. This was the first time STR20 was cheaper than SIR20 since mid-September 2022, or after a 140 day period. SIR20 historically trades at a premium over STR20 68% of the time on a daily basis since 2015. Up till March 2023, the monthly average price s