Daily DCE Review 29/11/21

Iron ore futures rallied at the start of the week, due to market optimism on mills’ ramping up steel production in December. The futures of Dalian Commodity Exchange (DCE) for January delivery then rose by 4.77% day-on-day or up RMB 28 to RMB 614.50/mt, during the day trading session on Monday. The rebar futures, however …

Daily DCE Review 26/11/21

Iron ore futures fell after a series of bullish run, as market sentiment turned bearish due to output restriction measures aimed to improve air quality. The futures of Dalian Commodity Exchange (DCE) for January delivery then plunged by 6.65% day-on-day or down RMB 41 to RMB 575.50/mt, during the day trading session on Friday. The …