Question marks surround Dalian iron ore futures contract ahead of launch

iron-ore-assay

Guaranteeing iron ore quality in the physical delivery and ensuring domestic industrial player participation are two of the concerns raised by market players for the Dalian Commodity Exchange’s (DCE) iron ore futures contract due to start trading on Friday.

DCE, the third largest futures exchange by volume on the mainland, received official approval from the China Securities Regulatory Commission on October 9 to list the iron ore contract after more than two years of discussions and development.

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