Daily DCE Review 5/1/22

Iron ore futures extended gains upon market optimism of restocking activities for the upcoming Spring festival. The futures of Dalian Commodity Exchange (DCE) for January delivery then hiked up by 2.13% day-on-day or up RMB 14.50 to RMB 694/mt, during the day trading session on Wednesday. The rebar futures also went up by 2.09% day-on-day …