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SGX records early success in coking coal contract (Amended)
But some market players caution that the jury is still out on whether it can remain in the lead
Published Wed, Apr 26, 2017 · 09:50 PM
Singapore
THE Singapore Exchange (SGX), in its push for market acceptance of products adjacent to its successful iron-ore derivatives, is seeing some initial traction.
Trading volumes of its derivative contracts for coking coal - another ingredient for steel-making, aside from iron ore - have surged this year on the back of extreme price volatility.
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