Daily DCE Review 29/04/22

Iron ore futures extended gains on the trading session, though restocking activities came to an end ahead of the long holidays in early May. The futures of Dalian Commodity Exchange (DCE) rose by 4.19% day-on-day or up RMB 35 to RMB 869.50/mt, during the day trading session on Friday. The rebar futures also hiked by …

Ferrous Trade Weekly Review 29/04/22

A total of 810,000 mt of iron ores was traded for the week ended Apr 29, as Chinese restocking activities came to close before the upcoming long holidays in China. There were also some market concerns over widening lockdown measures in China, though both major cities like Beijing and Shanghai experienced some stabilization over previous …

Daily DCE Review 28/04/22

Iron ore futures extended bullish run and closed the session on gains, after stabilization of Covid cases in major cities like Shanghai and Beijing suggested some easing of pandemic restrictions. The futures of Dalian Commodity Exchange (DCE) for May delivery rose by 3.53% day-on-day or up RMB 29 to RMB 851.50/mt, during the day trading …