Iron ore futures contracts have reached two-year highs
Iron ore futures contracts have reached two-year highs driven by a dam collapse at a Vale mine in Brazil. The work of the mine was suspended, which affects the volume of supply in the market.
Such an accident is difficult to fix in a short time, and the market agrees. We see it in the prices of long term futures contracts.
Since the accident, the rise in the value of futures contracts amounted to
From 18% to 24% on the NYMEX
From 10% to 15% on Dalian Commodity Exchange in US Dollars
Such an accident is difficult to fix in a short time, and the market agrees. We see it in the prices of long term futures contracts.
Since the accident, the rise in the value of futures contracts amounted to
From 18% to 24% on the NYMEX
From 10% to 15% on Dalian Commodity Exchange in US Dollars
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.