China AM: Iron ore futures surge on China's return from holiday

Iron ore futures in China surged on Monday February 11, with the most-traded contract opening 8% above the last settlement price with the return of Chinese market participants from a week-long break.

Futures closing prices – morning session Shanghai Futures Exchange May rebar: 3,870 yuan ($574) per tonne, up 40 yuan per tonne May hot-rolled coil: 3,757 yuan per tonne, up 38 yuan per tonne Dalian Commodity Exchange May iron ore: 652 yuan per tonne, unchanged May coking coal: 1,281 yuan per tonne, down 26 yuan per...

Published

Sophie Zhao

February 11, 2019

06:45 GMT

Shanghai