9,659.48 TRY BIST 100 BIST 100
5.24 CNY CNY CNY
40.78 EUR EUR EUR
37.92 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
46.25 TRY Interest Interest
74.48 USD Fossil Oil Fossil Oil
33.77 USD Silver Silver
5.04 USD Copper Copper
102.21 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,803.99 TRY Gold (gr) Gold (gr)

Iron ore futures decline in China

Iron ore futures in China fell on Monday.

Iron ore futures decline in China

Iron ore futures retreated on Monday as traders adopted a wait-and-see stance after last week’s rally.

The most traded iron ore on the Dalian Commodity Exchange in January, daytime trading fell 1% to 811 yuan ($111.27) per metric ton.

In addition, coking coal DJMcv1 decreased by 0.8% and coke DCJcv1 decreased by 1.5%.

September contract SZZFU3 for iron ore on the Singapore Exchange fell 1.4% to $112.15 per ton as of 07:00 GMT.

In Shanghai, the situation did not change. Rebar SRBcv1 decreased by 1.3%, hot rolled coil SHHCcv1 decreased by 1.4%, wire rod SWRcv1 decreased by 0.9%; stainless steel SHSScv1 rose 0.1%.

Looking at the CME, iron ore showed a gradual increase over the past week, with a slight 0.24% decrease in its closing price on Monday to 112.69 USD.

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