RIO 3.58% $108.40 rio tinto limited

india has signed 2006 long-term iron ore contract , page-2

  1. 3,412 Posts.
    Are you aware that India's prices were higher to begin with???????

    Check your facts!

    In any event, CVRD, RIO and BHP control over 70% of global supply.

    If buyers and sellers do not sign new contracts, existing contracts ride until 30/6/06, with back-dating of any subsequent increment.

    After 1/7/06, they trade on spot prices!

    Spot price is now around 35% higher than 2005 contract.

    Do the maths.

 
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$108.40
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-4.030(3.58%)
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$109.13 $110.39 $108.00 $232.8M 2.143M

Buyers (Bids)

No. Vol. Price($)
1 185 $108.40
 

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Price($) Vol. No.
$108.45 208 2
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