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SWAPS REPORT: OTC iron ore trading thins as forward curve tightens further
January 18, 2012 - 16:49 GMT
Location:
London
KEYWORDS:
iron ore swaps
,
OTC iron ore
,
iron ore prices
OTC iron ore trading thinned on Wednesday January 18 in the run-up to the Chinese New Year holiday, as prices fell back from a day earlier, brokers told Metal Bulletin.
Forward curve (from one broker):
Jan $140/141.50
Feb $141/143.50
Q2 2012 $140/141.50
Q3 2012 $135/137
2012 $136.50/139.50
2013 $125.5/129
OTC iron ore trading thinned on Wednesday January 18 in the run-up to the Chinese New Year holiday, as prices fell back from a day earlier, brokers told Metal Bulletin.
“It was...
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