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 …

Daily DCE Review 19/4/21

Iron ore futures rallied high at the morning session, only to ease in the afternoon session and eked out small gains at the close. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE), for September delivery then inched up by 0.81% day-on-day or up RMB 8.50 to RMB 1,060/mt on Monday. The steel …