Iron ore futures close lower

0 Comment(s)Print E-mail Xinhua, May 07, 2024
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DALIAN, May 7 (Xinhua) -- Iron ore futures closed lower on Tuesday in daytime trading at the Dalian Commodity Exchange (DCE).

The most active iron ore contract for September 2024 delivery dipped 0.5 yuan (about 7 U.S. cents) to close at 886.5 yuan per tonne.

On Tuesday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 338,794 lots, with a turnover of about 30.17 billion yuan.

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

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