The hedge is not tied to actual IO, it is a bet between FEX and Mac where the 62% IO price will be in the future.
Perhaps when W11 comes on line FEX will increase the hedge tonnage.
Price of Iron Ore, page-1617
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 (20min delay)
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Last
30.5¢ |
Change
-0.010(3.17%) |
Mkt cap ! $211.8M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.5¢ | 30.5¢ | $101.1K | 325.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 129970 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 673685 | 18 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
31.0¢ |
Change
-0.010 ( 1.21 %) |
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| Open | High | Low | Volume | ||
| 31.0¢ | 31.3¢ | 30.8¢ | 112813 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| FEX (ASX) Chart |