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Iron Ore Futures Close Higher

 DALIAN, July 1 (Xinhua) — Iron ore futures closed higher on Monday in daytime trading at the Dalian Commodity Exchange (DCE).

   The most active iron ore contract for September 2024 delivery gained 20.5 yuan (about 2.88 U.S. dollars) to close at 840 yuan per tonne.

   On Monday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 441,956 lots, with a turnover of about 36.51 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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