TRADE AND COMMODITIES
by
solerm
—
last modified
Nov 27, 2009 10:06 AM
- Iron ore producers hold key to market’s direction
- THE IMMEDIATE direction of the capesize market now rests in the hands of iron ore producers, after rates came down to earth with a thud, ending a short-lived spike in the Pacific trading region.
- Capesize confidence collapses in derivatives dive
- A COLLAPSE in capesize confidence saw near-term freight derivatives contract values fall as much as 30% during two of the busiest and most volatile trading days of the year.



