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IRON ORE DERIVATIVES WRAP: Sharp drop pushes daily volumes back over 3 million

August 21, 2014 - 17:40 GMT Location: London

Downwards momentum saw OTC iron ore prices make their largest move in weeks, helping boost volumes as Chinese participants rushed to sell and consumers bought.

Forward curve August $92.75/93 September $90/90.25 October $90/90.25 Q4 $89.75/90 Q1 2015 $89.75/90 2015 $89.75/90 2016 $91/92 Swaps Downwards momentum saw OTC iron ore prices make their largest move in weeks, helping boost volumes as Chinese participants rushed to sell and consumers bought. Prices...

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