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Iron Ore Futures Close Lower

DALIAN, June 19 (Xinhua) — Iron ore futures closed lower on Monday in daytime trading at the Dalian Commodity Exchange (DCE).

   The most active iron ore contract for September 2023 delivery dipped 1 yuan (about 14 U.S. cents) to close at 809.5 yuan per tonne.

   On Monday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 1,161,309 lots, with a turnover of about 93.52 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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