Posted On: 10/29/2012 5:13:46 PM
Post# of 8059
Re: iggyman555 #2782
Iggy, explain to us what the 2nd figure- MBOV2- represents in your daily updates of iron prices.
The MBOI62DA represents the following:
MBIO62DA:IND
120.67000 0.09000 0.07%
As of 08:28:00 ET on 10/29/2012.
Snapshot for Iron Ore delivered to Qingdao China - 62% Ferrous Content - USD/dry metric ton (MBIO62DA)
| Open: | 120.67000 | High: | 120.67000 | Low: | 120.67000 |
|---|
Rate Chart for MBIO62DA
- MBIO62DA:IND 133.95000
- 1M
- 1Y
NovDec2012FebMarAprMayJunJulAugSepOct75.00000100.00000125.00000150.00000
Jul 16
133.95000
Interactive MBIO62DA Chart
Rate Profile Information for MBIO62DA
The price is a tonnage weighted calculation of transactions, iron content and freight normalized to 62% Fe, CFR Qingdao, China. The price is quoted in $/dry metric tonne. For more details on methodology, visit www.mbioindex.com
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