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Iron Ore Futures Rise 1.36% on Dalian as Pre-Holiday Restocking Boosts Demand
Valor Econômico·CN·3 days ago
Iron ore futures on the Dalian Exchange fell 0.95% to 730.5 yuan/ton, extending the prior session's decline. Analysts at Baocheng Futures cite weak commodity fundamentals, though restocking ahead of China's National Day holiday provides some demand support. Persistent steel market weakness limits upside, signaling continued softness in Chinese industrial demand.
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