Iron ore futures close higher-Xinhua

Iron ore futures close higher

Source: Xinhua

Editor: huaxia

2024-01-22 16:45:00

DALIAN, Jan. 22 (Xinhua) -- Iron ore futures closed higher on Monday in daytime trading at the Dalian Commodity Exchange (DCE).

The most active iron ore contract for May 2024 delivery gained 5 yuan (about 70 U.S. cents) to close at 952 yuan per tonne.

On Monday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 369,998 lots, with a turnover of about 34.76 billion yuan.

As the world's largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.