High-grade iron ore derivative reaches second highest monthly traded volumes

January 21, 2020 / www.metalbulletin.com / Article Link

The total traded volume for the high-grade 65% Fe iron ore futures on the Singapore Exchange (SGX) rose in January 2020, with 25,750 lots - or 2.575 million tonnes - being cleared as of January 20 at 2:30pm Singapore time.

The latest total traded volume is the second highest recorded since its launch in December 2018, and represents a 13.9% increase from 2.26 million tonnes in September 2019, which was previously the second most traded month. October 2019 saw a record 38,020 lots - or 3.802 million tonnes - traded...

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