Boring demand, grim state of mind struck China's ferrous futures prices

As of October 31, the last trading day of the month, the most-traded iron ore agreement on Dalian Product Exchange (DCE) for January shipment had actually sagged for the 5th consecutive day by another large Yuan 26/dmt ($ 3.6/ dmt) or 4.1% from the settlement price on October 28, shutting the daytime session

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