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Iron Ore Futures Close Higher

DALIAN, June 15 (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 2023 delivery gained 12 yuan (about 1.67 U.S. dollars) to close at 804.5 yuan per tonne.

   On Thursday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 1,010,351 lots, with a turnover of about 80.44 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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