@Wang44
Demand is not ramping up. Virtually all the trade of the Dalian futures trade is speculation. That is why the CCP is cracking down.
On Friday 279 million tonnes was traded on May 22 futures. That is more than 25% of the annual import total.
Iron ore price, page-43413
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$20.10 |
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| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
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| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
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