FMG 0.29% $17.54 fortescue ltd

Your analysis is not as informative as some figures provided...

  1. 2,160 Posts.
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    Your analysis is not as informative as some figures provided below.

    The average IOP in 3Q22 were

    Average Seaborne index 58% Fe fines $US89.6

    Average Seaborne index 62% Fe fines $US141.2

    Average Seaborne index 65% Fe fines $US170.2

    But so far for the average IOP in 4Q22 we have

    Average Seaborne index 58% Fe fines $US100.3

    Average Seaborne index 62% Fe fines $US146.1

    Average Seaborne index 65% Fe fines $US170.5

    So far this quarter, AIOP for 58% Fe is over 10% higher that it was in the previous quarter and ~5% higher than in 1H22.

    Based on the numbers above, the SP must be at least in the range of $21-$22.

    Last edited by irynka: 16/05/22
 
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