Author: Lalita
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China: Iron ore futures rise 4% on pre-holiday buying
Iron ore futures in China rose by 4% on 30 Sept’21 on strong restocking demand ahead of the Golden Week Holidays. Closing prices: DCE iron ore futures Jan’22 contract: RMB 721.5/t ($112) (+RMB 27.5) SGX iron ore futures Oct contract: $119.45/t (+$3.8) SHFE rebar futures Jan’22 contract: RMB 5,706/t ($883) (+RMB 49) SHFE HRC futures…