DALIAN, Dec. 18 (Xinhua) — Iron ore futures closed lower on Monday in daytime trading at the Dalian Commodity Exchange (DCE).
The most active iron ore contract for May 2024 delivery dipped 15 yuan (about 2.11 U.S. dollars) to close at 928 yuan per tonne.
On Monday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 486,926 lots, with a turnover of about 45.2 billion yuan.
As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.