Iron ore time spreads support spot prices
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
- Executive Summary
-
Prices to remain elevated over next two quarters at least
- Prompt values of the forward curve are in contango – M+1 vs M+2 time spreads are negative
- Q+1 vs Q+2 time spreads are trading close to zero
- Divergence between flat price and time spreads
- In summary:
Tables and charts
This report includes the following images and tables:
- Sensitivity analysis on spot price vs time spreads – since January 2017
- M+1 / M+2 time spread – since January 2021
- M+1 / M+2 time spread – Seasonality
- Q+1 / Q+2 time spread – since January 2021
- Q+1 / Q+2 time spread – Seasonality
What's included
This report contains:
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