Chinese have launched an Iron Ore futures contract, the iron ore market is already far more transparent and liquid than it was in the past, when annual iron...

James McKay
James McKay BRR Media

Chinese have launched an Iron Ore futures contract, the iron ore market is already far more transparent and liquid than it was in the past, when annual iron ore price negotiations created international friction and the large discrepancy between fixed annual contracts and volatile spot markets opened room for arbitrage and corruption.

Comments

Please sign in to comment on this wire.