Iron ore futures close lower

DALIAN, March 14– Iron ore futures closed lower on Tuesday in daytime trading at the Dalian Commodity Exchange. The most active iron ore contract for May 2023 delivery dipped 2 yuan to close at 920 yuan per tonne. As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.

DALIAN, March 14 (Xinhua) — Iron ore futures closed lower on Tuesday in daytime trading at the Dalian Commodity Exchange (DCE).

The most active iron ore contract for May 2023 delivery dipped 2 yuan (about 29 U.S. cents) to close at 920 yuan per tonne.

On Tuesday, the total trading volume of 11 listed iron ore futures contracts on the exchange was 918,380 lots, with a turnover of about 84.02 billion yuan.

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

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