IRON ORE DERIVATIVES WRAP: Swaps volumes push higher, prices edge down $1

Apr 19, 2012 | 12:12 PM |

Forward curve (from two brokers): Apr $145.5/146.5 May $143/145.5 June $141/142 Q3 2012 $138/140 Q4 2012 $135/136 2013 $126.75/128.50 2014 $112.50/116.50 Swaps The OTC market saw prices come off sharply in early trade on Thursday, April 19, before posting a recovery later in the day, brokers told Metal Bulletin. “Volumes have been decent today, but we haven’t seen any massive tickets going through,” a broker in London said. Prices along the....

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