Iron ore futures close higher

Iron ore futures closed higher on Monday in daytime trading at the Dalian Commodity Exchange (DCE).

The most active iron ore contract for January delivery gained 35.5 yuan (about 5.01 U.S. dollars) to close at 630 yuan per tonne.

On Monday, the total trading volume of 12 listed iron ore futures contracts on the exchange was around 2.99 million lots, with a turnover of 184.2 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