Posted on 29 Dec 2020
Iron ore futures closed lower on Monday in daytime trading at the Dalian Commodity Exchange (DCE).
The most active iron ore contract for May 2021 delivery dipped 7.5 yuan (about 1.1 U.S. dollars) to close at 1,025.5 yuan per tonne.
On Monday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 484,378 lots, with a turnover of 50.2 billion yuan.
As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.
Source:Xinhua