Iron ore futures close lower

DALIAN, June 20 (Xinhua) -- Iron ore futures closed lower on Monday in daytime trading at the Dalian Commodity Exchange (DCE).

The most active iron ore contract for September 2022 delivery dipped 92 yuan (about 13.71 U.S. dollars) to close at 746 yuan per tonne.

On Monday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 1.25 million lots, with a turnover of 94.76 billion yuan.

As the world's largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.