DCE slips amid pre-holiday restocking

Chinese futures slipped toward the closing session after a rally in morning session on pre-holiday restocking demand. The most-actively traded iron ore futures for September 2020 delivery on the Dalian Commodity Exchange (DCE) dipped slightly by 0.41% day-on-day to RMB 607 per tonne on Friday. Following the decline, the steel rebar contract on the Shanghai …