29
Aug
07:42
DCE to adjust raw material futures' settlement standards
China’s Dalian Commodity Exchange (DCE) is planning on adjusting iron ore and coking coal futures contract settlement standards to bring them more in line with the spot market. This is according to DCE Industrial Products Division director Chen Wei.
Apart from amending settlement standards, DCE also plans to launch a market maker system for iron ore futures trading to benefit industrial enterprises looking for a more continuous hedging tool. Details o…
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Anonymous
Very good overview of the weekly steel market.
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