Iron ore futures close higher-Xinhua

Iron ore futures close higher

Source: Xinhua

Editor: huaxia

2024-04-17 16:57:00

DALIAN, April 17 (Xinhua) -- Iron ore futures closed higher on Wednesday in daytime trading at the Dalian Commodity Exchange (DCE).

The most active iron ore contract for September 2024 delivery gained 35.5 yuan (about 5 U.S. dollars) to close at 870 yuan per tonne.

On Wednesday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 827,780 lots, with a turnover of about 70.23 billion yuan.

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