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.
Reliable data on production and stock of spices varieties especially pepper is hard to get on a global basis. News reports themselves contradict each other as analysts try to unravel the movement of futures prices which is not the case with most other agri-commodities
Unbeknownst to most investors, gold is considered a collectible not a capital asset. In plain English, this means that despite the fact that many people believe they are investing in gold, the Internal Revenue Service (IRS) believes that they are collecting it.