Daily DCE Review 16/03/22

Iron ore futures rebounded from previous losses, despite market concerns over rising covid cases that resulted in lockdown measures. The futures of Dalian Commodity Exchange (DCE) for May delivery rose by 5.17% day-on-day or up RMB 39.50 to RMB 804/mt, during the day trading session on Wednesday. The rebar futures also increased by 3.22% or …

Daily DCE Review 15/03/22

Iron ore futures dipped on slow steel demand, despite better economic indicator in the Chinese property sector. The futures of Dalian Commodity Exchange (DCE) for May delivery dipped by 4.61% day-on-day or down RMB 36.50 to RMB 756/mt, during the day trading session on Tuesday. The rebar futures also decreased by 0.81% or down RMB …