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***SWAPS REPORT: Levels on OTC market fluctuate with small volumes exchanged

September 03, 2010 - 17:01 GMT Location: London

KEYWORDS: iron ore swaps , iron ore forwards , iron ore derivatives , iron ore market , iron ore , Metal Bulletin

Over-the-counter iron ore swaps traded in an up and down day on Friday with levels starting off high and falling in the afternoon, brokers told MB.

Forward Curve: Sep   $136/142 Oct   $134.5/139 Q4   $132/136 Q1   $129/133 Over-the-counter iron ore swaps traded in an up and down day on Friday with levels starting off high and falling in the afternoon, brokers told MB.   One swap tied to fourth quarter delivery was the first prompt to trade in the morning at...

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