Iron ore futures closed higher on Thursday in daytime trading at the Dalian Commodity Exchange (DCE).
The most active iron ore contract for May 2023 delivery gained 17 yuan (about 2.47 U.S. dollars) to close at 905.5 yuan per tonne.
On Thursday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 787,067 lots, with a turnover of about 68.07 billion yuan.
As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.