SWAPS REPORT: OTC iron ore prices largely unchanged on thin trade
Dec 12, 2011 | 11:22 AM
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Forward curve (compiled from two brokers):
Dec $137/139
Jan ’12 $134/136
Feb ’12 $133/135.5
Mar ’12 $132/134
Apr ’12 $130/133
Q1 ’12 $134/136.5
Q2 ’12 $130/133
Q3 ’12 $127/130
Q4 ’12 $126/128
2012 $128/132
2013 $119.5/123.5
Trade on the OTC iron ore market on December 12 was focused around contracts for settlement in the first half of 2012, brokers told Metal Bulletin.
“There’s not really too....
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