Iron ore futures close higher-Xinhua

Iron ore futures close higher

Source: Xinhua

Editor: huaxia

2026-05-29 16:29:30

DALIAN, May 29 (Xinhua) -- Iron ore futures closed higher on Friday in daytime trading at the Dalian Commodity Exchange (DCE).

The most active iron ore contract for September 2026 delivery gained 3.5 yuan (about 51 U.S. cents) to close at 783.5 yuan per tonne.

On Friday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 253,420 lots, with a turnover of about 19.80 billion yuan.

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