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Iron OreOptions on Futures. The CME offers two averagepriceoptions contract oniron orefutures. Options are also a derivative instrument that employs leverage to invest in commodities. As with futures, options have an expiration date. However, options also have a strikeprice, which is thepriceabove which the option finishes in the money.

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Australia, which exports 90% of itsiron oreto China, has been a vocal opponent of China’s telecoms company Huawei, and also recently joined the US in opposing China’s maritime claims in the ...

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