SGX iron ore futures volume up 48% in March; China emission controls bring uncertainty

摘要

Singapore—The volume of iron ore 62% Fe fines futures contracts traded on the Singapore Exchange (SGX) jumped 48% month on month to 169 million mt in March, while emission control policies in China brought uncertainties to the iron ore market, SGX data showed. Average open interest for iron ore 62% Fe fines futures inched 0.3% higher on the month to 78.3 million mt in March.