MJAK,
FeO(OH) quoted "Metal Bulletin 62% CFR Qingdao Port" Benchmark
Rurenga quoted "TSI 62% CFR Tianjin Port" Benchmark
I quoted "Platts 62%" Benchmark.
Platts Benchmark is taken daily prices from 30-40 Buyers and Sellers. Average "Highest"quoted price from Buyer and "Lowest" quoted prices from Sellers, whether or not the price is settled or not.
FMG has gone from using MB, then TSI, then now Platts for discounts, which is in line with Vale, RIO and BHP.
DYOR.
Frank.
Iron ore price, page-2808
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Last
$21.92 |
Change
0.350(1.62%) |
Mkt cap ! $67.49B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.95 | $21.54 | $94.22M | 4.315M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $21.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.93 | 18370 | 7 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |