IRON ORE DERIVATIVES WRAP: OTC volumes bounce back after China trading ruling
Apr 04, 2012 | 12:35 PM
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Forward curve (from two brokers)
April $146/148
May $143/145
June $141/143
Q3 2012 $139/141
Q4 2012 $134/137
Q1 2013 $132/134
2013 $125/130.50
2014 $116/120
Swaps
Iron ore volumes bounced back on Wednesday April 4, after a public holiday in China saw levels fall to lows earlier in the week, brokers told Metal Bulletin.
A ruling made by the Chinese government earlier this week – more than doubling....
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