Capesize

17950

Sep-17
0.00 0.00%

Panamax

11175

Sep-17
225.00 2.05%

Iron Ore

76.5

Sep-17
0.85 1.12%

Sing 380

278.25

Oct-17

Coking Coal

208

Sep-17
0.00 0.00%

Nola Urea

212.5

Sep-17
0.00 0.00%

Iron Ore Futures


What are Iron Ore futures?



Iron ore futures are financial contracts that allow end users to hedge their future risk by taking an equal and opposition position to their physical exposure.

Over the last year, iron ore futures have emerged as the leading instrument for hedging and risk management for producers and consumers alike.

How are trades settled?

Trades can also be settled bilaterally against the Metal Bulletin MBIO or Platts Iron Ore Index, generally under an International Swaps and Derivatives Association agreement.

Trades can be made on a per month, per quarter or per calendar year basis and prices are quoted up to 24 months forward.

The availability of clearing at LCH.Clearnet, CME, NOS and SGX AsiaClear ensures that iron ore futures are designed to meet the needs of the market, through elimination of counter party risk and future regulatory requirements.

Iron Ore Market Useful Links