DALIAN, May 17 (Xinhua) — Iron ore futures closed higher on Friday in daytime trading at the Dalian Commodity Exchange (DCE).
The most active iron ore contract for September 2024 delivery gained 19 yuan (about 2.67 U.S. dollars) to close at 891.5 yuan per tonne.
On Friday, the total trading volume of 11 listed iron ore futures contracts on the exchange was 351,209 lots, with a turnover of about 30.97 billion yuan.
As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.