FIS Singapore Iron Ore Derivatives Report 21/06/21

Iron Ore Market Update Market Commentary Iron ore futures sank below $200 on Monday after regulators in China vowed to take actions to stabilize the prices of iron ore and other commodities. During a visit at an iron ore trading centre on Monday, officials from the National Development and Reform Commission and the State Administration …

Daily DCE Review 21/6/21

Iron ore futures started the week on soft note, due to corrections in steel prices that dampened market sentiments. The futures of Dalian Commodity Exchange (DCE) for September delivery then plunged down by 8.79% day-on-day or down RMB 108 to RMB 1,121/mt on Monday. The steel rebar contract on the Shanghai Futures Exchange also went …