Iron ore fine is loaded at the Dalian port in China’s Liaoning province. Photo: Xinhua
Iron ore fine is loaded at the Dalian port in China’s Liaoning province. Photo: Xinhua

China-Australia relations: iron ore prices drop after Dalian Commodity Exchange tightens limits on futures positions

  • Daily limit on opening futures positions is reduced to 2,000 lots for non-brokerage traders – the third time the limit has been reduced this month
  • Some analysts say supply-and-demand fundamentals alone would keep prices at US$120 a tonne or lower

Topic |   China-Australia relations
Iron ore fine is loaded at the Dalian port in China’s Liaoning province. Photo: Xinhua
Iron ore fine is loaded at the Dalian port in China’s Liaoning province. Photo: Xinhua
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