I am just thinking out loud here but I am of the opinion that the discount for wet v dry is more so incorporate into the discount for the grading below 62% Fe. I’ve included a link to Platts and you’ll note the greater moisture content the lower the grade. With that in mind, I would tend look at the discount as a combination of lower grading and moisture amongst other things rather than certain discount for each individually. I’d take the averaged discount off the average realised dry (which I assume is saying $106 @ 62% Fe).
http://www.platts.com/IM.Platts.Content/MethodologyReferences/MethodologySpecs/ironore.pdf
- Forums
- ASX - By Stock
- Ann: Fortescue Achieves 160mt Annualised Run Rate for June 2014
I am just thinking out loud here but I am of the opinion that...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
|
|||||
Last
$18.27 |
Change
-0.290(1.56%) |
Mkt cap ! $56.25B |
Open | High | Low | Value | Volume |
$18.70 | $18.72 | $18.21 | $313.4M | 17.09M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 45418 | $18.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.30 | 1200 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 138057 | 18.260 |
14 | 245292 | 18.250 |
9 | 214504 | 18.240 |
9 | 187705 | 18.230 |
18 | 228899 | 18.220 |
Price($) | Vol. | No. |
---|---|---|
18.300 | 1200 | 1 |
18.310 | 400 | 1 |
18.330 | 132 | 1 |
18.340 | 3281 | 1 |
18.350 | 3000 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online