FMG 0.79% $19.98 fortescue ltd

Iron ore price, page-2372

  1. 3,123 Posts.
    lightbulb Created with Sketch. 998
    Pure guess gone wrong again: "FMG outlook for Thursday is negative", I wonder if shorts took that advice and shorted this morning, ouch. Now you need to hope Dalian Future (not SGX) can get you out of this hole.

    Platts must be on holiday ( I have no idea), no change on Platts and TSI Spot prices for yesterday.

    Forward Spot Contract for 9/8/2017:
    - FMG 58.3% US$56.50/dmt CFR Qingdao up US$0.25
    - FMG 56.7% US$47.40/dmt CFR Qingdao up US$0.25

    DYOR.

    Frank.
 
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