IRON ORE DERIVATIVES WRAP: OTC iron ore prices edge to higher end of range

Mar 30, 2012 | 12:08 PM |

OTC forward curve (from three brokers): Mar $145/146 April $144/145 May $141/143 June $138.50/140.50 Q2 2012 $140.50/143 Q3 2012 $136/138 Q4 2012 $133/135 2013 $126/128 2014 $115/118.50 Swaps The iron ore swaps market saw prices close the week at the top end of established ranges, brokers told Metal Bulletin on Friday March 30. The OTC iron ore contract’s most popular exchange, the Singapore Exchange (SGX), saw 200,000 tonnes of....

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