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China’s DCE warns of iron ore futures price volatility

Source: Mysteel Aug 07, 2020 11:15

The Dalian Commodity Exchange (DCE) has been busy recently with the iron ore futures, warning the market of the price volatility on August 6 after having limited the trading volume of the September and January contracts for certain investors, Mysteel Global noted.

“Iron ore prices have experienced severe volatility recently due to the many uncertainties in the market, all the member companies need to enhance the risk management, and reminding the clients of rational and legitimate trading,” it stated in a notice released on August 6. “The exchange will intensify the daily