June Iron Ore Update
Total Iron Ore volume in June of 193,202,700 MT
*Highest monthly volume since November 2016
*Options volume was 46,215,000 MT (24% of total volumes)
*Highest quarter on record (540,246,100 MT)
*A total of 970,330,900 MT has traded from Jan-Jun 2019, up 54% vs the same period last year
-Annualised over 12 months, this is 1.94 billion MT, which will be the highest on record since the contract launched in 2009
*Average open interest for the month was at 181,479,020 MT