SWAPS REPORT: Iron ore swaps levels pick up as prices edge down

Dec 13, 2011 | 12:23 PM |

Forward curve (compiled from two brokers): Dec $137/139 Jan ’12 $132.5/135 Feb ’12 $131/134 Mar ’12 $130/133 Apr ’12 $128/130 Q1 ’12 $132/135 Q2 ’12 $128/131 Q3 ’12 $126/128 2012 $127/130 2013 $119.5/122.5 OTC iron ore prices edged down on December 13, as contracts exchanged in an unexpected flurry of activity, brokers told Metal Bulletin. Contracts tied to deliveries in January....





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