DALIAN, Feb. 28 (Xinhua) — Iron ore futures closed higher on Wednesday in daytime trading at the Dalian Commodity Exchange (DCE).
The most active iron ore contract for May 2024 delivery gained 9.5 yuan (about 1.34 U.S. dollars) to close at 889 yuan per tonne.
On Wednesday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 545,001 lots, with a turnover of about 47.7 billion yuan.
As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.