China: Iron ore futures recover as trading resumes after holidays

Dalian iron ore futures picked up 6.3% on 22 Sep’21, with resumption of market activities as the mid-Autumn holidays ended in China.

• DCE iron ore futures Jan’22 contract: RMB 668.5/t ($103) (+RMB 39.5)
• SGX iron ore futures Oct contract: $104.35/t (+$11.25)
• SHFE re-bar futures Jan’22 contract: RMB 5,656/t ($877) (+RMB 178)
• SHFE HRC futures Jan’22 contract: RMB 5,761.t ($891) (+RMB 84)