Benchmark iron ore futures in China moved in a tight range on June 23, as coronavirus demand uncertainties held back trading ahead of public holidays starting later this week.
The most actively traded iron ore futures on the Dalian Commodity Exchange, for September delivery, closed down 0.3% at 757 yuan/t ($107.05/t), a second straight loss.
Trading on the exchange will be closed from June 25 for China's Dragon Boat festival and re-open on June 22.
Iron ore shipments from Australia and Brazil rose by 1.4 million tonnes from the previous week to 26.57 million tonnes for the week ended June 21, mainly driven by increase from Australia.
Spot prices for iron ore with 62% iron content for delivery to China fell by $1.50/t to $102.50/t on June 22.
Construction steel rebar on the Shanghai Futures Exchange, for October delivery, fell 0.7% to close at 3,610 yuan/t.
Hot-rolled coils dropped 1.1% to 3,603 yuan/t.
(Writing by Jessie Jia Editing by Harry Huo)
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