FMG 0.45% $22.10 fortescue ltd

is this the worst on the market?, page-61

  1. 2,986 Posts.
    India ending Fe sales to China & the uptick in spot Fe price today coupled with broader market sentiment that Euroland are going to have a workable plan at weeks end increases the upward pressure on FMG. Shorters beware.

    Date:
    Commodity:
    $/dmt
    Midpoint
    Change
    %change
    Dec 06, 2011
    IODEX 62% Fe CFR North China
    141.00-142.00
    141.50
    +0.50
    +0.35
    Platts daily iron ore price and commentary are updated at approximately 14.00 GMT (09.00 EST)


    Source: Iron Ore Price Assessments, Daily Charts, Steel News – Metals | Platts
    Platts Energy Information Leaders
 
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