Iron ore, the most traded January commodity on China's Dalian Commodity Exchange, rose 2.86% in daytime trading and finished at 862 yuan ($117.93) per metric ton, the highest level since September 25. Additionally, coking coal DJMcv1 increased by 3.57% and coke DCJcv1 increased by 4.54%.
On the Singapore Exchange, the November iron ore contract SZZFX3 was up 2.46% at 117.1 billion at 07:01 GMT, the highest level since October 3.
The Shanghai Futures Exchange was also on the rise. Rebar SRBcv1 increased by 1.05%, hot rolled coil SHHCcv1 increased by 1.32%, wire rod SWRcv1 increased by 0.15% and stainless steel SHSScv1 increased by 1.05%. Demand in the sub-sector remained weak.
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