So currently
at end of last session
i909(Sept 19) had a volume of 679 894 at 906 Yuan. ($131 USD)
i2001 (Jan 20) had a volume 1,341,310 last traded price 771.5 yuan ($112 USD)
Does FMG sell ore at spot price? or at future contract prices or both? if both Does that mean price is an average of all contracts traded?
Previously the iron ore price was quoted off the Sept contract as it was the most traded contract, now its the i2001. and like you mentioned is what the market is pricing.
So currently at end of last session i909(Sept 19) had a volume...
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Last
$17.50 |
Change
0.005(0.03%) |
Mkt cap ! $54.80B | |||
| Open | High | Low | Value | Volume |
| $17.56 | $17.84 | $17.43 | $73.62M | 4.180M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 14209 | $17.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.50 | 5143 | 17 |
View Market Depth
| Last trade - 12.34pm 18/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |