China AM: Coking coal contract bucks downtrend in ferrous futures market

China’s ferrous futures largely declined during morning trading on Tuesday January 22, apart from the coking coal contract, which ended slightly higher than its opening price.

Futures closing prices – morning session Shanghai Futures Exchange May rebar: 3,661 yuan ($539) per tonne, down 24 yuan per tonne May hot-rolled coil: 3,573 yuan per tonne, down 13 yuan per tonne Dalian Commodity Exchange May iron ore: 531 yuan per tonne, down 4 yuan per tonne May coking coal: 1,218 yuan per tonne, up 4 yuan per tonne May coke: 2,025 yuan per tonne, down 11.50 yuan per tonne Raw materials BHP produced 10 million tonnes of...

Published

Jessica Zong

January 22, 2019

05:27 GMT

Shanghai