China's demand for Vale SA's iron ore stays high

David Nealis President of Ceres at Shanghai Futures Exchange

China's demand for Vale SA's iron ore stays high

Despite the uncertain world markets, Vale SA says that Chinese demand for its iron ore has not waned, with China remaining the biggest consumer of its coal products. The Brazilian mining firm has said that it even plans to expand. Still, doubts regarding China have affected Vale's shares, which experienced almost four-year lows. Vale Executive Director Jose Carlos Martins said they are not worried because the company’s costs relative to production have also dropped, due to stability in China’s currency, according to Chinese run state media.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.