IRON ORE DERIVATIVES WRAP: Tomb-sweeping holiday sees OTC volumes dive

Apr 03, 2012 | 09:02 AM |

Forward curve (from two brokers) April $145.50/147.50 May $142/145 June $140/143.25 Q2 2012 $141.50/144.50 Q3 2012 $138/140.50 Q4 2012 $134/137.50 Q1 2013 $131/134 2013 $128/130 2014 $117/120 Swaps OTC iron ore volumes remained low on Tuesday April 3, as the public "tomb-sweeping" holiday in China kept most participants out of the market, brokers told Metal Bulletin. The OTC iron ore contract’s most popular exchange, the Singapore Exchange (SGX),....





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