China AM: Iron ore futures dip, but other contracts rise

China’s ferrous futures largely rose during morning trading on Wednesday January 9, with only the iron ore contract dipping slightly.

Futures closing prices – morning session Shanghai Futures Exchange May rebar: 3,541 yuan ($516.50) per tonne, up 30 yuan per tonne May hot-rolled coil: 3,442 yuan per tonne, up 24 yuan per tonne Dalian Commodity Exchange May iron ore: 514.50 yuan per tonne, down 0.50 yuan per tonne May coking coal: 1,196 yuan per tonne, up 5.50 yuan per tonne May coke: 1,973 yuan per tonne, up 14.50 yuan per tonne Raw materials The following were obtained from market sources: Beijing Iron Ore Trading Center (Corex), 170,000 tonnes of 62.2% Fe Pilbara Blend lumps, offered at the January...

Published

Paul Lim

January 09, 2019

06:33 GMT

Singapore