August 01, 2016 BY Valentina Kirilova

SGX spot iron ore up 10.2% MoM in July 2016

Singapore Exchange (SGX) iron ore derivative volumes totaled 118.8 mil mt in July, while open interest averaged 186.7 mil mt during the month. The suite of ferrous products has provided market participants with a wide range of trading strategies and risk management solutions. 62% Fe spot iron ore averaged $56.61 per tonne in July, up…

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