SINGAPORE: Dalian iron ore futures snapped a two-day losing streak on Friday, the last trading day of the year, driven by market optimism fuelled by expectations of government stimulus measures.
The most-traded May iron ore on China’s Dalian Commodity Exchange rose 0.4% to 980.5 yuan ($138.13) per metric ton as of 0320 GMT.
The contract is poised for a fifth consecutive month of gains with a…
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News Source: www.brecorder.com
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