The most active iron ore contract for January 2024 delivery dipped 11.5 yuan (about 1.61 U.S. dollars) to close at 719.5 yuan per tonne.
On Monday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 970,379 lots, with a turnover of about 72.66 billion yuan.
As the world's largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.
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