Press "Enter" to skip to content

China’s Iron ore futures hit record high on robust demand

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

China’s benchmark iron ore futures jumped to a record high for the second straight day on Friday, rising along with the rest of the country’s ferrous complex on robust demand.

Steel prices were also higher, buoyed by expectations that downstream demand in the world’s top consumer will remain strong.

The most-traded September 2019 iron ore contract on the Dalian Commodity Exchange rose as much as 5.4  per cent to break through 700 yuan milestone, closing . . .

To continue reading, please subscribe. You will get

  • ORIGINAL & IN-DEPTH reporting about key trends in China's economy and financial markets
  • THE WIRE 7*24 - up-to-the-minute updates, with details and data you won't find elsewhere. 
  • DAILY BRIEF - daily newsletter to give you a quick overview of the most important business news every day.
  • QUALITY MATTERS. We provide quality information to help intelligent and professional readers make informed decisions. 

 

FREE TRIAL FOR A WEEK cancel anytime

GRAB THE MID-YEAR SPECIAL OFFER !

SUBSCRIBE AT $0.5 A DAY! 

 

Contact us for group subscriptions: contact@yuantalks.com

We highly value independence. We are solely funded by subscriptions from intelligent readers like you. Not ready for our full service? Try Free Weekly Newsletter first.

 

Already have an account? Sign In

Top