IRON ORE DERIVATIVES WRAP: OTC prices edge back up

The iron ore swaps market saw prices edge back up on Friday December 28, after the physical market hit a seven-month high.

Forward curve: January 2013 $139.50/140 February 2013 $137/138 March 2013 $135/136 Q1 2013 $137/138 Q2 2013 $130.50/131.50 Q3 2013 $125/127 Q4 2013 $120/121.50 2013 $127.50/129.50 2014 $111/114 Swaps The iron ore swaps market saw prices edge back up on Friday December 28 after the physical market hit a seven-month high. The Metal Bulletin 62% Fe iron ore index was calculated at $141.23 per tonne cfr Qingdao on Thursday December 27, the highest seen since May...

Published

Daisy Tseng

December 28, 2012

13:45 GMT

Singapore