So even after 40 year trading as you claimed you have not learnt that future contract are speculative instrument used by traders for various reasons!
in another 40 years won't help either for you to learn because you know future contract rate for IO all along last six months were way above $80 but actually price received by BHP was $81 (not sure why did they got lower price then FMG who claims to receive $87)....so only those with no experience or skill dependant upon future contract rates.
BHP Price at posting:
$39.31 Sentiment: None Disclosure: Not Held
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