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Iron ore rangebound as markets await China’s policy signal
Prices of iron ore futures moved in a tight range on Thursday, as investors and traders awaited policy signals from another high-level meeting in top consumer China. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE) rose 0.26% to 769 yuan ($108.91) a metric ton as of 0307 GMT. The benchmark January iron ore on the Singapore Exchange fell 0.34% at $102.4 a ton as of 0257 GMT. Expectations that Beijing will unveil fresh stimulus heightened after the US Federal Reserve lowered interest rates, analysts at Jinyuan Futures said. China will keep expanding domestic demand and support the broader ... (full story)
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- Dec 11, 2025 5:34am Posted byFundamental Analysis182
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