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Iron Ore Futures Close Lower

 DALIAN, June 21 (Xinhua) — Iron ore futures closed lower on Wednesday in daytime trading at the Dalian Commodity Exchange (DCE).

   The most active iron ore contract for September 2023 delivery dipped 8 yuan (about 1.11 U.S. dollars) to close at 797.5 yuan per tonne.

   On Wednesday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 1,128,160 lots, with a turnover of about 89.42 billion yuan.

   As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.  

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