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Iron ore derivatives trade booms as prices tank and hedging rises
Producers driven to hedge to manage risk alongside speculators betting prices will fall further
Published Mon, Nov 9, 2015 · 09:50 PM
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Manila
TRADING volumes for iron ore derivatives have more than doubled this year from 2014 and are set to climb further, driven by a growing appetite to manage risks in a market where producers are struggling to survive as prices crumble.
A glob…
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