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Iron ore futures close higher

Xinhua | Updated: 2020-08-06 17:15
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Iron ore is moved by a giant crane at a port in Meizhouwan of Quanzhou, Fujian province. [Photo/Xinhua]

DALIAN - Iron ore futures closed higher on Thursday in daytime trading at the Dalian Commodity Exchange (DCE).

The most active iron ore contract for September delivery gained 25.5 yuan ($3.67) to close at 910 yuan per ton.

On Thursday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 1.06 million lots, with a turnover of 91.61 billion yuan.

As the world's largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.

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