BUSINESS Iron ore is moved by a giant crane at a port in Meizhouwan of Quanzhou, Fujian province.

BUSINESS

Iron ore is moved by a giant crane at a port in Meizhouwan of Quanzhou, Fujian province.

Xinhua

16:46, September 13, 2021

Iron ore is moved by a giant crane at a port in Meizhouwan of Quanzhou, Fujian province. (Photo: Xinhua)

DALIAN, Sept. 13 (Xinhua) -- Iron ore futures closed lower on Monday in daytime trading at the Dalian Commodity Exchange (DCE).

The most active iron ore contract for January 2022 delivery dipped 25.5 yuan (about 3.95 U.S. dollars) to close at 706 yuan per tonne.

On Monday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 1,129,234 lots, with a turnover of 81 billion yuan.

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


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