Iron ore futures closed lower on Thursday in daytime trading at the Dalian Commodity Exchange (DCE).
The most active iron ore contract for May 2023 delivery dipped 26 yuan (about 3.76 U.S. dollars) to close at 902 yuan per tonne.
On Thursday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 1,130,062 lots, with a turnover of about 101.4 billion yuan.
As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.