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SGX launches two iron ore contracts

Published Mon, Mar 9, 2015 · 09:50 PM

Singapore

THE Singapore Exchange (SGX) on Monday launched two new iron ore derivative contracts to offer better hedging opportunities for lower grade cargoes.

The new SGX Iron Ore CFR China (58 per cent FE Fines) swap and futures contracts are based on the Metal Bulletin and The Steel Index (TSI) indice…

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