FX Week 9 February 2014 |
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Swap trading is becoming increasingly popular on the iron ore market. Swaps are being used more and more to hedge against price risks, partly because there is currently no liquid trading of steel futures. In this Commodity Spotlight we will be shedding light on the factors that are influencing the iron ore market and outlining the development of pricing and tradability of iron ore, in which China is playing a key role. The plentiful supply situation means that the iron ore price is unlikely to regain its previous highs.
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