Iron ore futures opened lower Monday in daytime trading on the Dalian Commodity Exchange (DCE).

The most active iron ore contract for January 2021 delivery dipped 16 yuan (about 2.39 U.S. dollars) to open at 770.5 yuan per tonne.

As the world's largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.

Source:
courtesy of XINHUA NEWS AGENCY

by Xinhua News Agency

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