China’s Council of Agriculture (COA) on Wednesday said it will buy $38.9 million worth of agricultural products from Taiwan through the end of 2010, the single largest such purchase made by a Chinese entity in Taiwan.
Intercontinental Exchange (ICE) is all set to change the way iron ore will be traded as it launches iron ore swaps contract on December 2 in association with Platts. ICE OTC cleared iron ore contract based on the well-regarded Platts Iron Ore Index.