BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to: Latest news headlines Analytical topics and features Commodities videos, podcast & blogs Sample market prices & data Special reports Subscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

IF you are a Platts Market Center subscriber, to reset your password go to the�Platts Market Center to reset your password.

In this list
Metals

Singapore SGX Feb iron ore lump contract traded volume rises four times on year

Steel

How the US-China trade war is impacting Asian flat steel markets

Metals | Non-Ferrous | Steel

Platts Market Data - Metals

Commodities | Electric Power | Metals

Battery Metals Conference, Inaugural

Metals

Russian AK5M2 aluminum prices plunge in Japan on slow EU demand: traders

Singapore SGX Feb iron ore lump contract traded volume rises four times on year

Singapore — The Singapore Exchange's iron ore lump premium contracts posted a trade volume of 400,000 mt in February, up four times from 100,000 mt a year ago, SGX data showed Friday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The iron ore lump premium contracts are settled against the Platts spot lump premium assessment.

The traded volume of lump premium contracts has risen since August last year, when S&P Global Platts increased the frequency of the physical lump assessment from weekly to daily.

The average open interest for iron ore lump contracts in February stood at 1 million mt.

However, on a month-on-month basis, volumes traded declined by 64% from 1.1 million mt traded in January.

Industry sources said the slide in traded volume was due to a slowdown in trade activity during the Lunar New Year holiday period.

The traded volume for iron ore fines contracts also slid month on month in February, by 17%, to 93.5 million mt.

The average open interest for iron ore fines contracts in February stood at 121.9 million mt.

SGX iron ore fines contracts are settled against TSI's Iron Ore CFR China index.

--Takmila Shahid, takmila.shahid@spglobal.com
--Edited by Geetha Narayanasamy, geetha.narayanasamy@spglobal.com