SWAPS REPORT: OTC iron ore volumes pick up, prices hold steady
Apr 12, 2012 | 12:11 PM
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Forward curve (from two brokers):
April $149/151
May $146/148
June $144.50/149.50
July $143/147.50
Q3 2012 $142/146
Q4 2012 $138/141
2013 $128.50/132.50
2014 $116/120
Swaps
Iron ore swaps prices varied within a tight range on Thursday April 12, closing the day at levels almost equal to those seen at the previous day’s close, brokers told Metal Bulletin.
“There’s been a flurry of activity but nothing really moved....
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