DALIAN, May 25 (Xinhua) — Iron ore futures closed lower on Thursday in daytime trading at the Dalian Commodity Exchange (DCE).
The most active iron ore contract for September 2023 delivery dipped 15.5 yuan (about 2.2 U.S. dollars) to close at 681 yuan per tonne.
On Thursday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 1,176,779 lots, with a turnover of about 80.01 billion yuan.
As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.