FMG 1.20% $21.41 fortescue ltd

Thanks,So if July for example is 762.00/6.91860 = USD$110.00.So...

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    Thanks,

    So if July for example is 762.00/6.91860 = USD$110.00.

    So the contarct price for July is around $110.00? and next month June = 786.00/6.91860 = $113.60? and the buer is prepared to pay this price or enter into a contract at these prices?
 
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