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Iron ore futures close higher

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

The most active iron ore contract for September 2022 delivery gained 3 yuan (about 45 U.S. cents) to close at 852 yuan per tonne.

On Wednesday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 749,663 lots, with a turnover of almost 62.4 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

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