Can anyone explain the DaLian Commodity Exchange prices for Iron Ore??
http://www.dce.com.cn/portal/cate?cid=1114494099100
http://www.dce.com.cn/portal/cate?cid=1381912805100
The May contract is trading at 840 CNY which when converted to $US is $134.61, or more in $A.
The contracts out to Jan 2015 are trading at 723 CNY which is still $US 115.86.
futures
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