China’s industrial commodity futures rallied, iron ore surged 4.7%
China’s industrial commodity futures rallied, iron ore surged 4.7%

China’s industrial commodity futures rallied, iron ore surged 4.7%

 

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China’s industrial commodity futures staged a rally on Tuesday, with coking coal leading the gains. 

The most-traded coking coal futures contract on the Dalian Commodity Exchange, for January delivery, surged 5.3% to close at 1,490 yuan per tonne. The most-traded coke futures contract surged nearly 5% to close at 2,241 yuan per tonne.

The most-traded iron ore futures contract on the Dalian bourse, for January delivery, jumped 4.7% to close at 805.5 yuan per tonne.

china coking coal