Daily DCE Review 7/12/21

Iron ore futures rallied on looser monetary policy, higher iron ore import figures and expectation of better economic policy plans for the next year. The futures of Dalian Commodity Exchange (DCE) for January delivery then jumped up by 8.07% day-on-day or up RMB 48 to RMB 643/mt, during the day trading session on Tuesday. The …

Daily DCE Review 6/12/21

Iron ore futures inched down at the start of the week, due to bearish market sentiment over slowing demand and new covid variant threats that affected market confidence. The futures of Dalian Commodity Exchange (DCE) for January delivery then dropped slightly by 0.42% day-on-day or down RMB 2.50 to RMB 591.50/mt, during the day trading …