Daily DCE Review 23/05/22

Iron ore futures started the week on gains, due to market optimism over easing of mortgage rates that supported the Chinese construction sector. The futures of Dalian Commodity Exchange (DCE) for the most-traded September iron ore contract then hiked by 4.41% day-on-day or up RMB 36.50 to RMB 863.50/mt, during the day trading session on …

Daily DCE Review 20/05/22

Iron ore futures ended the week on high note, despite market sentiment on softer steel demand amid thin steel margins. The futures of Dalian Commodity Exchange (DCE) for the most-traded September iron ore contract then hiked by 5.13% day-on-day or up RMB 42.50 to RMB 842.50/mt, during the day trading session on Friday. The rebar …

Daily DCE Review 19/05/22

Iron ore futures gained slightly in the day trading session, despite market sentiment on softer steel demand amid thin steel margins. The futures of Dalian Commodity Exchange (DCE) for the most-traded September iron ore contract then hiked by 0.18% day-on-day or up RMB 1.50 to RMB 818/mt, during the day trading session on Thursday. The …

Daily DCE Review 17/05/22

Iron ore futures moved upward on the day session, despite an industry event held in Singapore that drew most of the major industry players. The futures of Dalian Commodity Exchange (DCE) then hiked slightly by 0.91% day-on-day or up RMB 7.50 to RMB 829/mt, during the day trading session on Monday. The rebar futures also …

Daily DCE Review 13/05/22

Iron ore futures ended the week on gains, despite dipping the morning session then only to rebound in the afternoon trading session. The futures of Dalian Commodity Exchange (DCE) then hiked slightly by 0.98% day-on-day or up RMB 8 to RMB 823/mt, during the day trading session on Friday. The rebar futures also climbed by …