China: DCE benchmark iron ore futures soars to record high

Dalian iron ore futures hit a record high today, boosted by robust demand in China and supply concerns. Most-traded Jan ’21 futures rose to RMB 972/t. Singapore iron ore futures gained by $6.23 to $141.87/t for the ninth session in a row. Rebar futures jumped by RMB 34 and HRC futures by RMB 55.


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