MGX 3.39% 30.5¢ mount gibson iron limited

Yeh Cardinal, that's the problem: too many views on prices...

  1. 2,000 Posts.
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    Yeh Cardinal, that's the problem: too many views on prices today, let alone in the future!  Not sure where Business Insider gets their IOP from, but I use Platts 62% CFR.  BI doesn't say what price they're quoting (no doubt they do somewhere deeper in).

    Talking about future prices, you may find this site interesting:

    http://www.cmegroup.com/trading/met...t-fe-cfr-north-china-platts-swap-futures.html

    I know "futures" aren't reality, but they give a view of where investors and traders think prices might be going.  Forgetting about medium / long tern futures (in that all commodity prices are reversionary) this metric doesn't see any kick up in the IOP in the near term.  This, of course, speaks to my own prejudice, and therefore must be right!
 
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2 104867 30.0¢
 

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Price($) Vol. No.
30.5¢ 355340 6
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