Daily DCE Review 21/4/21

Iron ore futures closed on higher note after a late rally at the afternoon session to recoup losses from the earlier session. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE), for September delivery then rose by 1.38% day-on-day or up RMB 15 to RMB 1,100.50/mt on Wednesday. The steel rebar contract on …

Daily DCE Review 20/4/21

Iron ore futures continued to rally since opening session and closed higher at the afternoon trading session amid robust steel demand. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE), for September delivery then rose by 3.58% day-on-day or up RMB 38 to RMB 1,100/mt on Tuesday. The steel rebar contract on the …