DALIAN, May 12 (Xinhua) — Iron ore futures closed lower on Friday in daytime trading at the Dalian Commodity Exchange (DCE).
The most active iron ore contract for September 2023 delivery dipped 14 yuan (about 2.01 U.S. dollars) to close at 697 yuan per tonne.
On Friday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 1,072,772 lots, with a turnover of about 74.66 billion yuan.
As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.