Chinese iron ore futures remain range-bound

Iron ore futures in China today remained largely stable while the same in Singapore Exchange gained by 1%. On the other hand, Chinese steel futures trading in Shanghai Futures Exchange rose marginally against yesterday. The closing prices of the most-active iron ore and steel futures contract on 21 Apr are as follows:

  • DCE iron ore futures Sep contract closed at RMB 1,100.5/t (+0.5)
  • SGX iron ore futures May contract closed at $181.25/t (+1.45)
  • SHFE rebar futures Oct contract closed at RMB 5,188/t (+23)
  • SHFE HRC futures Oct contract closed at RMB 5,484/t (+55)

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *