Iron ore futures close higher

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Iron ore futures closed higher Friday in daytime trading at the Dalian Commodity Exchange (DCE).

The most active iron ore contract for May 2021 delivery gained 15 yuan (about 2.32 U.S. dollars) to close at 1,053 yuan per tonne.

On Friday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 435,654 lots, with a turnover of 45.98 billion yuan.

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

Source: Xinhua

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