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Singapore confirms iron ore futures launch.
- Source :
- FOi: Future & Options Intelligence; 8/5/2011, Issue 1632, p12-12, 1p
- Publication Year :
- 2011
-
Abstract
- The article discusses the launching of the Iron Ore Futures Contract by the Singapore Mercantile Exchange (SMX). It states that the Metal Bulletin's Metal Bulletin Iron Ore (MBIO) Index, to be launched on August 12, 2011, reflects the seaborne merchant market for sinter fines brought to China. The author explains that the futures contract provides small exporters, traders and importers a hedging tool.
- Subjects :
- COMMODITY futures
IRON ores
SINTER (Metallurgy)
Subjects
Details
- Language :
- English
- Issue :
- 1632
- Database :
- Complementary Index
- Journal :
- FOi: Future & Options Intelligence
- Publication Type :
- Periodical
- Accession number :
- 65168779