Australia's largest stock trading and investment forum Australia's #1 stock forum

FMG

Click for more information

0.00%

$20.35 fortescue ltd

[IMG]

First 1153 Last

Share
Profile

Follow
farlap

13,441 Posts.

160

02/05/17

17:20

Post #: 24417978
Share

Originally posted by frankycc ↑

FMG May Contract Discount is the same as April, which is 15% for 58.5% IO and 27% for 56.5% IO. Spot price do vary, last week I checked is probably around 23% overall.

At Spot Market today, the IO prices are up by 1% - 2.2% so far.

At Qingdao Port: PB Powder 520-530 yuan up 20 yuan; FMG 58% 390-400 up 15 yuan.

At Tangshan: Chinese IO 66% 520-530 yuan up 10 yuan.

Shanghai:
- Rebar: 3450 up 150 yuan at 12pm Sydney Time.
- Hot Roll: 3200 up 50 yuan at 12pm Sydney Time.

Tangshan Billet drop 50 yuan to 2980 yuan at 4:11pm Sydney Time.

Steel Transaction volume today overall up 2 points to 40. Construction Steels has one of it's best days, up 9 point to 51. Other steels volume down, including Hot Roll, down 3 to 30, Mid Sheet down 16 to 24, Cold Roll down 1 to 26. (It's a strange score system, top benchmark is 56-100, then 46-55, 36-45, 26-35, and last 0-25)

Lastly, this information is ONLY for some old fart at the retirement village, IO Future is September 17, which finished 534 yuan up 24 yuan or 4.71%..... remember it's September, not May.

DYOR.

Frank.

Expand

FMG Price at posting: $5.27 Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

BOE

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

AZL

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

PAM

PAM secures high-grade Chilean copper play in strong territory

BIO

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

IVZ

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

There are more pages in this discussion • 52,078 more messages in this thread...

First 1153 Last

Add FMG (ASX) to my watchlist

(20min delay)
Last $20.35		Change 0.000(0.00%)		Mkt cap ! $62.65B

Open	High	Low	Value	Volume
$20.47	$20.68	$20.28	$96.30M	4.714M

Buyers (Bids)

No.	Vol.	Price($)
1	50	$20.34

Sellers (Offers)

Price($)	Vol.	No.
$20.35	20500	1

View Market Depth

No.	Vol.	Price($)
1	50	20.340
2	1950	20.330
1	460	20.320
1	60	20.310
14	8806	20.300

Price($)	Vol.	No.
20.350	20500	1
20.400	15337	6
20.410	2077	2
20.430	13822	1
20.440	5000	1

Last trade - 16.10pm 29/07/2024 (20 minute delay)

FMG (ASX) Chart