DALIAN — Iron ore futures closed higher on Monday in daytime trading at the Dalian Commodity Exchange (DCE).
The most active iron ore contract for May 2022 delivery gained 32 yuan (about 5 U.S. dollars) to close at 668.5 yuan per tonne.
On Monday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 1,267,359 lots, with a turnover of 82.95 billion yuan.
As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.
