Freight Derivatives and Iron Ore Futures Volumes Soar

Capt. John
  • The macro-economic factors and the tragic events in Brazil along with uncertain US-China trade relations heightened uncertainty and created trading opportunities.
  • The total impact on the FFA market was to increase combined FFA volumes by 44% in the year to date 2019.
  • Brazil’s exports curtailed with export demand switching decisively to Australia.
  • China set to import 60% of Australian production and 70% of global seaborne trade volumes of 1.5bn tonnes in 2019.
  • Iron ore price prediction for 2019...

http://mfame.guru/freight-derivatives-and-iron-ore-futures-volumes-soar/

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