SWAPS REPORT: iron ore paper trading unmoved as buyers/sellers wait on sidelines
Dec 30, 2011 | 07:09 AM
Forward curve (compiled from three brokers):
Dec 2011 $135/137
Jan 2012 $135/139
Feb 2012 $134/138.50
March 2012 $133/137.50
Q1 2012 $135/138
Q2 2012 $133/135.75
Q3 2012 $130/132.75
Q4 2012 $127/130.25
OTC iron ore swaps volumes were thin this week as buyers and sellers remained on the sidelines for the most part, awaiting further direction from the physical market.
Metal Bulletin was told of....
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