Trading in C-Com scrap contract loses steam

Oct 14, 2005 | 08:55 AM |

Trading volumes for the world's first scrap futures contract have fallen sharply after a strong opening, with many traders staying away from the market.

After attracting 14,945 lots Oct. 11, its first day of trading, volumes for the Central Japan Commodity Exchange (C-Com) ferrous scrap contract fell to 3,875 lots Wednesday, 2,183 lots Thursday and 3,265 lots Friday.....

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