Daily DCE Review 2/2/21

Iron ore futures continued to slump further on Tuesday, following similar downward trend at the start of week, due to thin market activities. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), thus dropped by 5.61% day-on-day or RMB 55.50 to RMB 933.50/mt on Tuesday. The steel rebar contract on the Shanghai …