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Phillip Futures hitches on growing appetite for China's demand for commodities
"Whatever is available in China is always in RMB. Contracts out of China are in USD. It’s a tug of war."
September 11, 2020
Commodities
In global iron ore, Singapore is bossing China in setting prices
SINGAPORE (Oct 21): In the US$7 billion-a-day ($9.7 billion-a-day) global iron ore futures market, size doesn't matter when it comes to clout. Contracts in Singapore have greater pricing power than those traded in China even though the volumes in the
October 21, 2016