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22 Nov
09:37

SSY seals biggest ever iron ore futures trade

The commodities trading arm of shipbroker SSY has brokered the biggest ever trade in iron ore futures on the Singapore Exchange (SGX). Kallanish learns from the company, SSY Futures, that it has rolled a 5 million-tonne iron ore position from a 2023 prompt date to 2024, generating a total futures volume of 10mt. The trade involved counterparties from both the physical and financial markets, and …
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