can someone please explain this paragraph. I thought we have hedging of $230ADU/DWT but below it shows it as $123AUD? what happened to hedge?
Also, at no point Iron ore price for 62Fe was below 89 USD in December. Whole of December and January we were not below $98 USD then why above paragraph talks about $89 USD?
Date
Seaborne index 62% Fe fines
Seaborne index 65% Fe fines
1
2022-01-20
132.50
163.20
2
2022-01-19
130.50
160.30
3
2022-01-18
126.80
158.10
4
2022-01-17
123.80
153.50
5
2022-01-14
126.70
156.80
6
2022-01-13
127.50
157.00
7
2022-01-12
131.50
161.20
8
2022-01-11
128.50
159.20
9
2022-01-10
125.20
152.00
10
2022-01-07
127.50
154.50
11
2022-01-06
127.70
155.80
12
2022-01-05
124.20
144.80
13
2022-01-04
122.70
144.50
14
2021-12-31
119.50
142.30
15
2021-12-30
117.80
138.80
16
2021-12-29
117.30
138.20
17
2021-12-28
117.60
138.70
18
2021-12-27
121.60
141.70
19
2021-12-24
125.60
146.80
20
2021-12-23
123.60
143.30
21
2021-12-22
121.60
143.80
22
2021-12-21
123.80
144.30
23
2021-12-20
121.80
141.00
24
2021-12-17
117.60
136.50
25
2021-12-16
114.10
132.50
26
2021-12-15
109.00
126.50
27
2021-12-14
108.30
126.20
28
2021-12-13
110.80
128.20
29
2021-12-10
103.80
122.20
30
2021-12-09
106.50
123.50
31
2021-12-08
109.00
125.00
32
2021-12-07
109.30
125.50
33
2021-12-06
101.60
118.70
34
2021-12-03
99.80
116.20
35
2021-12-02
98.60
115.90
36
2021-12-01
101.60
119.70
FEX Price at posting:
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