Iron ore futures close higher

Iron ore futures close higher

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DALIAN, May 19 (Xinhua) — Iron ore futures closed higher on Tuesday in daytime trading at the Dalian Commodity Exchange (DCE).

The most active iron ore contract for September 2020 delivery gained 25 yuan (3.53 U.S. dollars) to close at 711 yuan per tonne.

On Tuesday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 1,059,141 lots, with a turnover of 73.7 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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