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Iron ore futures close lower

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

The most active iron ore contract for January 2022 delivery dipped 6.5 yuan (about 1.01 U.S. dollars) to close at 941 yuan per tonne.

On Wednesday, the total trading volume of 11 listed iron ore futures contracts on the exchange was 625,571 lots, with a turnover of 61.26 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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