IRON ORE DERIVATIVES WRAP: Tomb-sweeping holiday sees OTC volumes dive
Apr 03, 2012 | 09:02 AM
Forward curve (from two brokers)
Q2 2012 $141.50/144.50
Q3 2012 $138/140.50
Q4 2012 $134/137.50
Q1 2013 $131/134
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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