China AM: Futures up amid spike in Chinese home prices

Ferrous futures in China rose during morning trading on Monday March 20 following the release of statistics showing a spike in the prices of new homes in the country.

Futures closing prices – morning session Shanghai Futures Exchange May rebar: 3,630 yuan ($527.10) per tonne, up 31 yuan ($4.50) per tonne May hot rolled coil: 3,590 yuan ($521.20) per tonne, up 12 yuan ($1.70) per tonne Dalian Commodity Exchange May iron ore: 721 yuan ($104.70) per tonne, up 3 yuan ($0.40) per...

Published

Deepali Sharma

March 20, 2017

06:05 GMT

Singapore