IRON ORE DERIVATIVES WRAP: OTC volumes drop

The OTC iron ore market did not continue with the healthy volumes seen on the previous day with only a few trades reported on Thursday May 31, brokers told Metal Bulletin.

Forward curve (from two brokers) June $132.50/134 July $131/132.50 August $130/132 Q3 2012 $130.5/131.50 Q4 2012 $128.50/ 129.50 Q1 2013 $126.50/127.50 2013 $123/125 2014 $114.50/116 Swaps The OTC iron ore market did not continue with the healthy volumes seen on the previous...

Published

Daisy Tseng

May 31, 2012

12:20 GMT

Singapore