iron ore-key indexes fall, page-87

  1. Legume
    5,583 Posts.
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    10/09/12
    11:56
    Post #: 10695308
    The latest VALE cargo sold at spot:

    150kt 63.8% fines at US$95.10

    There's an indication that Chinese traders are mopping up the seaborne trade as domestic prices are still trading at between $108/t and $120/t. So there's a clear arbitrage play for the traders still with balls intact :)



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