DALIAN, March 15 (Xinhua) — Iron ore futures closed lower on Friday in daytime trading at the Dalian Commodity Exchange (DCE).
The most active iron ore contract for May 2024 delivery dipped 28 yuan (about 3.95 U.S. dollars) to close at 781.5 yuan per tonne.
On Friday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 715,047 lots, with a turnover of about 56.14 billion yuan.
As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.