VS,
Sorry I can't agree with you the 65% pellet premium today is 66USD to the 61.5% fines price of 64USD giving a 65% pellet price of 130USD - we are then allowing a freight component of 15USD that Grange pays to give us a net price of 115USD.
Have a look at the following site and then click on the 65% Brazil pellet(Foreign Quote) in the left hand column and you will get a comparison between the 61.5% fines price and the 65% pellet price.
http://www.umetal.com/luliao/price_center_en.jsp
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VS, Sorry I can't agree with you the 65% pellet premium today is...
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Open | High | Low | Value | Volume |
25.0¢ | 25.5¢ | 25.0¢ | $88.75K | 350.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 20287 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 160142 | 7 |
View Market Depth
No. | Vol. | Price($) |
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9 | 458580 | 0.265 |
26 | 932290 | 0.260 |
7 | 172530 | 0.255 |
22 | 717920 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 405759 | 8 |
0.280 | 942702 | 17 |
0.285 | 372332 | 13 |
0.290 | 1710676 | 31 |
0.295 | 651900 | 8 |
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