Iron Ore Futures Close Higher

Iron ore futures close higher

DALIAN, (APP - UrduPoint / Pakistan Point News - 25th Apr, 2024) Iron ore futures closed higher on Thursday in daytime trading at the Dalian Commodity Exchange (DCE).

The most active iron ore contract for September 2024 delivery gained 9 Yuan (about 1.27 U.S. Dollars) to close at 879.

5 yuan per tonne.

On Thursday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 581,670 lots, with a turnover of about 51.36 billion yuan.

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