Uptrend continues in China’s iron ore futures

Iron ore futures in China increased further today on hopes of an improvement in demand in the coming days. The most-traded Sep futures in Dalian Commodity Exchange, was closed at RMB 838.5/t while SGX futures closed at $ 109.19/t. Spot iron ore fines price rallied yesterday to close to 1-year high of $111.85/t, CFR China.


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