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SWAPS REPORT: OTC iron ore trading slows on physical price stability
January 19, 2012 - 16:31 GMT
Location:
London
KEYWORDS:
iron ore
,
iron ore swaps
,
OTC iron ore
,
iron ore market
OTC iron ore trading activity slowed on Thursday January 19 on a lack of movement in the physical market as Asian participants prepared for the Chinese New Year holidays next week, brokers told Metal Bulletin.
Forward curve (from one broker):
Feb $143.50/144
March $142.50/144
Q1 2012 $142/143.50
Q2 2012 $141/142
Q3 2012 $135/138
Q4 2012 $132.50/136
2012 $137.50/140
2013 $126/128
OTC iron ore trading activity slowed on Thursday January 19 on a lack of movement in the physical market as Asian participants prepared for the Chinese New Year...
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Euromoney Institutional Investor PLC.
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