DALIAN, May 16 (Xinhua) — 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 22 yuan (about 3.1 U.S. dollars) to close at 881 yuan per tonne.
On Thursday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 538,135 lots, with a turnover of about 46.82 billion yuan.
As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.