IRON ORE DERIVATIVES WRAP: Swaps volumes head down, prices remain robust
Apr 11, 2012 | 11:28 AM
Forward curve (from two brokers):
Q3 2012 $142/144
Q4 2012 $138/141
The OTC iron ore market saw volumes drop on Wednesday April 11 as market participants took stock after a sudden upward price jump the previous day, brokers told Metal Bulletin.
Prices shot up by around $4 on Tuesday on the back of....
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