Tag: Dalian iron ore furture

Dalian iron ore futures edged up 3.3% today (22nd May’19), amid low inventory in China and tight global supply, as per reports. Futures today increased to 727.5 yuan a tonne, the highest since contracts were launched in 2013. Iron ore inventory at major Chinese ports fell to 131.7 MnT towards last weekend as against 133.35 MnT…