SWAPS REPORT: OTC iron ore prices rise in line with physical market
Dec 21, 2011 | 11:29 AM
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OTC iron ore prices climbed on Wednesday December 21, with the few trades concluded moving the market up, brokers told Metal Bulletin.
Forward curve (compiled from two brokers):
Dec $136/138
Jan 2012 $137.50/140
Feb 2012 $137/139
Mar 2012 $136/138
Q1 2012 $137/139
Q2 2012 $132.50/136
Q3 2012 $129/132
2012 $130.50/134
2013 $122.50/125.50
OTC iron....
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