Daily DCE Review 6/5/21

Iron ore futures rallied as trade participants returned from the long holidays amid high steel prices and margins. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE), for September delivery then surged up by 6.81% day-on-day or up RMB 75.50 to RMB 1,184/mt on Thursday. The steel rebar contract on the Shanghai Futures …