Iron ore trading

There are quite a few exchanges offering iron ore futures.
Exchanges offering this product are DCE Dalian commodity exchange, SGX, HKFE, Comex Metals.

volume from DCE is very good.
The rest have rather a low volume.

Let me explore iron ore futures from SGX further.
name : TSI iron ore CFR China
symbol : FEF
price per tick : US$1
1 tick = 0.01 point
biggest day range was on 21 Dec 20 at 9%
average volume : 20k
contract month: every month

Unfortunately, the bid-offer spread is horrible and terrible.
hence, the candlesticks are super long ( and super scary),
and STOP has to be placed very far away.


Perhaps I will explore DCE products later.
Non-Chinese nationals can trade DCE products.
 
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