lol still clueless... apparently the iron ore market was "wild" last night. The volume on the SGX swaps pretty much died last night, nothing volatile just a realisation by market participants that it's moving into irrelevance. By reference, on the 12M swap, only 11kt worth was traded at $120.50/t as compared to the other night when 24kt worth was traded at $120-$121/t... I just don't see the wildness in that.
AGO Price at posting:
99.0¢ Sentiment: Buy Disclosure: Held
