Iron ore swaps volumes in May set to break record

The volume of iron ore swaps cleared via the Singapore Exchange (SGX) in May is set to break the monthly record, vp Kenneth Ng said on Thursday May 31.

The exchange had cleared more than 7.6 million tonnes of iron ore swaps in the month as of Wednesday May 30, Ng told delegates at an industry event in Singapore. The standing record monthly volume was recorded in October last year, when the exchange cleared 7.7 million tonnes of iron...


Daisy Tseng

May 31, 2012

12:10 GMT