Sunday, September 15, 2013

And financial innovation

Iron ore futures at this time, and promote the financial innovation. Guotai junan metal and energy research galvanized steel pipe manufacturers china center, deputy director of the chairman of the daily economic news "reporter said:" in the international market has been selling futures contracts of iron ore, similar to Singapore market index futures varieties of iron ore, size bigger and bigger. China on the financial index varieties exist larger innovation space." 3D eblow Carbon Steel pipe fittings As a result, launched after the iron ore index futures in the international market, is very necessary and urgent for the launch of China's iron ore futures as soon as possible.

A spokesperson for the commission said, ASTM A234 socket welding pipe fitting tee dalian has completed the iron ore futures contract design. On the same day, has issued a notice, rules over iron ore contracts and content that advice for open market.

The personage inside course of study points out: "iron ore due to its rely too much on the index, index futures will further enhance the miners have control of the market. While physical delivery mode can 114mm carbon seamless steel pipe china suppliers greatly reduce the advantage of miners' with less extensive operating space. In addition, physical delivery is the effective measure to ensure futures has a spot, can more truly reflect the spot market supply and demand relations, can avoid index futures exist due to passively follow the index from the possibility of supply and demand."

1 comment:

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