Iron ore Platts price today is often the benchmark for global transactions between traders. The standard difference for the analysis of iron ore is also based on the penalties and the premia included therein. A monthly cash settled future based on the difference between the Platts daily assessment price for IODEX 62% Fe and The Steel Index (TSI) daily assessment price for Iron Ore (62% Fe, CFR Tianjin) Tuesday, October 20th, 2009. Platts, the leading global energy and metals information provider, today announced the expansion of its suite of daily spot price assessments for seaborne iron ore delivered to China, iron ore’s largest consuming market. Platts benchmark iron ore assessment IODEX 62% Fe (iron content) will be used by the IntercontinentalExchange (ICE) to clear a Platts-based iron ore swaps contract, which will be launched on December 2. Platts introduced to the global marketplace the world’s first daily price assessments of seaborne iron ore in June 2008. The iron ore spot price became a mature benchmark in 2008 when Platts started publishing daily assessments. The Steel Index and Metal Bulletin followed suit shortly afterwards. The industry standard specification is 62% Fe (CFR China).
A monthly cash settled future based on the difference between the Platts daily assessment price for IODEX 62% Fe and The Steel Index (TSI) daily assessment price for Iron Ore (62% Fe, CFR Tianjin) Tuesday, October 20th, 2009. Platts, the leading global energy and metals information provider, today announced the expansion of its suite of daily spot price assessments for seaborne iron ore delivered to China, iron ore’s largest consuming market. Platts benchmark iron ore assessment IODEX 62% Fe (iron content) will be used by the IntercontinentalExchange (ICE) to clear a Platts-based iron ore swaps contract, which will be launched on December 2. Platts introduced to the global marketplace the world’s first daily price assessments of seaborne iron ore in June 2008.
The Platts spot iron ore lump premium assessment (IOCLP00) is of the premium a lump cargo commands over the price of fines as defined by the Platts 62% Fe Iron Ore Index, or IODEX. This premium is assessed on a US dollar per dry metric ton unit CFR Qingdao basis, which is applied over the IODEX assessments. If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password. Metals Price Assessments Catalog. We provide spot and forward price assessments for Oil, Natural Gas, Electric Power, Coal, Petrochemicals, Metals, and Agriculture markets, publishing over 12,000 prices daily. Access to all Platts and TSI steel, scrap and iron ore global price assessment data, including both Platts IODEX and TSI’s benchmark 62% Fe iron ore prices Prices for: fresh steel and raw materials, metallurgical coal, ferroalloys, non-ferrous, light, major, minor and precious metals To help facilitate the transition of iron ore from annual contract pricing to short-term pricing, Platts, on June 2, 2008, became the first independent publisher to provide daily price assessments The world's longest published and most widely used daily iron ore Fe 62% North China price assessment - Platts IODEX. In June 2008, S&P Global Platts launched the world's first daily iron ore price assessment, IODEX, from its Singapore office. Over the next two years, this price would gradually replace the old iron ore assessments. iomgD00 1% fe Differential (Range 60-63.5% fe) Platts 1% Fe differential is reflective of the value of 1% Fe in fines within the 60-63.5% Fe range. Its value is determined by comparing spot transactions of fines within the 60-63.5% Fe range.
difference between the Platts daily assessment price for IODEX 62% Fe and The Steel Index (TSI) daily assessment price for Iron Ore (62% Fe, CFR Tianjin). S&P Global Platts launched the first daily iron ore spot price assessment, Platts IODEX, on June 2, 2008. This timeline depicts the key milestones from recent 1 day ago Platts said its assessment of iron ore prices is based on information reported by physical market participants, including actual transactions and
24 Jan 2017 Pricing Elements in Iron Ore Product Transactions . international tax rules to assess whether intra-group transactions accord with arm's length practices and Platts Metals Daily, Platts Metals Alert and the Platts internal.