"MANILA: China’s iron ore jumped to a fresh record on Tuesday, but the rally fizzled out, as bets continued that there could be a further squeeze in supply of the steelmaking feedstock from Brazil, while domestic demand remained brisk.
The most-traded September 2019 iron ore contract on the Dalian Commodity Exchange ended the session up 0.4% at 756.5 yuan ($109.52) a tonne, after gaining as much as 2.8% in early trade to 774.5 yuan. That was benchmark’s highest since the 2013 launch of China’s futures trading for one of its top imports"
https://www.brecorder.com/2019/05/28/499639/chinas-iron-ore-scales-new-peak-but-rally-loses-steam/
Iron ore price, page-12916
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