Tag: DCE iron ore futures
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DCE iron ore futures at 4-month low on bearish sentiment
The most-traded iron ore futures contract on the Dalian Commodity Exchange (DCE) for January 2022 delivery plunged to a four-month low on Thursday as market worries about shrinking iron ore demand turned market sentiment bearish. The contract finally closed the daytime trading session on Thursday at Yuan 888.5/dmt ($137.4/wmt), down by Yuan 44/dmt or 4.7%…