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Iron ore futures close lower

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

The most active iron ore contract for January 2020 delivery dipped 12.5 yuan (1.77 U.S. dollars) to close at 665.5 yuan per tonne.

On Tuesday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 2.03 million lots, with a turnover of 134.04 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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