CHINA AM: Futures up again on higher physical prices, DCE internationalization

By Fiona Lam / May 07, 2018 / www.metalbulletin.com / Article Link

Ferrous futures in China posted further gains during morning trading on Monday May 7 amid spot price increases and China opening up iron futures on the Dalian Commodity Exchange to overseas traders last Friday.

Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,679 yuan ($578) per tonne, up 44 yuan per tonneOctober hot-rolled coil: 3,765 yuan per tonne, up 44 yuan per tonneDalian Commodity Exchange September iron ore: 472.50 yuan per tonne, up 6.5 yuan per tonneSeptember coking coal: 1,239 yuan per tonne, up 27 yuanSeptember coke:...

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