As confirmed by Fortescue the Spot price remains unchanged whilst CNY closures are upon us. My understanding is that any shipments into port over this period are processed using the last available price. I am pretty sure this was posted in this thread earlier or over in the Short Term Traders thread.
Although Forescue did say Futures open Monday which is incorrect as they open today (Sky and the Exchange website confirm this) So take from that what you will. Perhaps they meant Spot trades open Monday.
Iron Ore Price, page-18024
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Last
$22.48 |
Change
0.380(1.72%) |
Mkt cap ! $69.21B | |||
| Open | High | Low | Value | Volume |
| $22.41 | $22.64 | $22.22 | $89.05M | 3.959M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20914 | $22.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.50 | 6164 | 2 |
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