IRON ORE MONTHLY: SGX 65% Fe swaps go strong despite Lunar New Year

March 09, 2021 / www.metalbulletin.com / Article Link

The Singapore Exchange's (SGX) 65% Fe iron ore derivatives registered another strong month in February, with 2.98 million tonnes worth of contracts being traded during the month, according to data from the exchange.

While these are about half of the 6.64 million tonnes traded in January, they are higher than the 2.67 million tonnes recorded for in December and 2.26 million tonnes in November.

The slowdown in trading activity was due to the Lunar...

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