Daily DCE Review 10/2/21

Iron ore futures rose on market expectation of better steel demand for post-Lunar New Year period. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then surged up by 2.39% day-on-day or RMB 25 to RMB 1,071.50/mt on Wednesday. The steel rebar contract on the Shanghai Futures Exchange also increased slightly by …