The trend of iron ore futures today first declined and then rebounded, with the market remaining stable in the afternoon. The main contract, I2605, eventually closed at 784 RMB/ton, up 0.26% from the previous trading session.

Iron ore prices showed an N-shaped rise today, with the main contract I2605 finally closing at 784.5 yuan per ton, up 2.28% from the previous session. Meanwhile, spot prices increased by 5-15 yuan compared to the previous trading day.

Today DCE iron ore futures trended firmer , though prices retreated slightly in the final hour of trading. The most-traded I2605 contract ultimately closed at 772 RMB/tonne, an increase of 1.38% from the previous trading session.

Today, DCE iron ore futures trended stronger today, with the most-traded I2605 contract closing at 754.5 RMB/ton, an increase of 0.87% from the previous trading session.

Today, iron ore futures on the Dalian Commodity Exchange opened lower but then rose, with the most-traded I2605 contract closing at 750.5 yuan/mt, up 0.27% from the previous trading session.

DCE iron ore futures were in the doldrums today, with the most-traded contract I2605 closing flat at 748.5 yuan/mt. Spot prices fell 2-4 yuan/mt from the previous trading day.

Today, the DCE iron ore futures rebounded slightly today, with the most-traded contract I2605 closing at 752.5 yuan/mt, up 1.42% from the previous trading day. Spot prices rose by 5–10 yuan/mt compared to the previous trading day. Traders showed moderate shipment enthusiasm, while steel mills had moderate inquiries but generally weak purchase willingness.

Today, the DCE iron ore futures contract continued its fluctuating trend at lows today, with the most-traded contract I2605 closing at 740.5 yuan/mt, down 1.79% from the previous trading session.

》Click to download the PDF and view the whole report

》Click to download the PDF and view the whole report