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Mining Weekly.com reports that the SMX intends to launch iron-ore futures during Q2 of this year.
Mining Weekly.com reports that the SMX intends to launch iron-ore futures during Q2 of this year.
The editorial is quoted as saying:
While Singapore and India look to be racing to establish the world’s first iron ore futures market at a time when spot prices are marching toward record highs, analysts say such a hedging instrument may take time to gain traction and could initially suffer from limited liquidity as it competes with the more widely traded forward swaps
