Free Trial

Futures Print Highest Level Since Early April On Thursday


SGX Iron Ore futures printed their highest level since early April before marginally paring gains in yesterday's trading.

  • The August contract closed at $113.90/tonne ~1.1% firmer on Thursday.
  • The metal space firmed as after China said it would step up measure to boost its economy in 10 key industries including steel and automobiles. Chinese authorities are also considering easing home buying restriction in the nation's largest cities. More here.

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.