In the year up to and including October 17, total
iron ore futures transacted at Dalian Commodity Exchange (DCE), one of the four futures exchanges in mainland
China, amounted to 6.76402 billion mt with a total value of RMB 4.7 trillion ($0.77 trillion) as announced by DCE. DCE had launched trading of
iron ore futures on October 18 last year.
Iron ore futures has become the second most traded product at the futures exchange, after coke.