China AM: Iron ore futures dip, but other contracts rise

January 10, 2019 / www.metalbulletin.com / Article Link

China's ferrous futures largely rose during morning trading on Wednesday January 9, with only the iron ore contract dipping slightly.

Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,541 yuan ($516.50) per tonne, up 30 yuan per tonneMay hot-rolled coil: 3,442 yuan per tonne, up 24 yuan per tonneDalian Commodity Exchange May iron ore: 514.50 yuan per tonne, down 0.50 yuan per tonneMay coking coal: 1,196 yuan per tonne, up 5.50 yuan per tonneMay coke: 1,973 yuan per tonne, up 14.50 yuan per tonne Raw materials The following were obtained from market sources:Beijing Iron Ore Trading Center (Corex), 170,000 tonnes of 62.2% Fe Pilbara Blend lumps, offered at the January...

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