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You are here: Home Archive 2009 November 26 TRADE AND COMMODITIES

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.
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