Press "Enter" to skip to content

China’s iron ore futures hit lowest in ten weeks on weak demand outlook

Iron ore futures in China sank to their lowest in 10 weeks on Wednesday, extending losses along with coke, after mining giant BHP Group gave a gloomy outlook for the prices of the steelmaking raw material.

The most-traded iron ore on the Dalian Commodity Exchange , for January 2020 delivery, fell for a fifth session in a row, closing down 4.3 per cent at 589.50 yuan a tonne . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

What you'll get:

  • Original and in-depth reporting on China's economy and financial markets
  • Details, data and perspectives you don't read elsewhere
  • Daily Brief newsletters to get you prepared for every trading day
  • Weekly updates on China's financial markets - stocks, bonds, the yuan and commodities
  • Interviews and discussions on topics you should never miss!

 

Already have an account? Sign In

Top