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iron investing

ICEX sees robust iron ore futures on Japan demand

Investing News Network
Mar. 24, 2011 07:33AM PST
Base Metals Investing

Reuters reports increased demand from Japan will increase iron ore futures contracts at the Indian Commodity Exchange (ICEX).

Reuters reports increased demand from Japan will increase iron ore futures contracts at the Indian Commodity Exchange (ICEX).

The article is quoted as saying,

Rajnikant Patel, ICEX managing director and chief executive, told Reuters that as Japan rebuilds its disaster-hit infrastructure, Indian hedgers supplying to that country would drive up iron ore futures volumes.

For the complete article, click here.

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