Iron Ore Offshore Feb 22 Morning Technical Comment – 240 Min Chart 10/01/22

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Daily DCE Review 10/1/22

Iron ore futures dropped at the start of second trading week of the new year, as restocking activities slowed down, while rising omicron cases caused panic in the market. The futures of Dalian Commodity Exchange (DCE) for January delivery then fell by 2.03% day-on-day or down RMB 14.50 to RMB 699.50/mt, during the day trading …