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China coal futures trade 50.9M tonnes on 1st day

Keywords: Tags  coking coal, China, exchange, Dalian Commodity Exchange


SINGAPORE — The new coking coal futures contract on the Dalian Commodity Exchange saw 50.9 million tonnes traded on its first day March 22.

The most-traded September contract settled at 1,276 yuan ($203.10) per tonne, down from the opening price of 1,280 yuan ($203.80) per tonne, according to the exchange.

A total of 97,386 lots of open interest remain. The lot size is 60 tonnes and the minimum delivery volume is 6,000 tonnes.


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