DALIAN, Aug. 9 (Xinhua) — Iron ore futures closed higher on Wednesday in daytime trading at the Dalian Commodity Exchange (DCE).
The most active iron ore contract for January 2024 delivery gained 0.5 yuan (about 7 U.S. cents) to close at 723 yuan per tonne.
On Wednesday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 736,248 lots, with a turnover of about 54.31 billion yuan.
As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.