Dalian: Iron ore futures experienced a downturn during Monday's daytime trading session at the Dalian Commodity Exchange (DCE). The most active contract, set for September 2025 delivery, witnessed a decrease of 14 yuan, equivalent to approximately 1.96 U.S. dollars, closing at 786 yuan per tonne.

According to Namibia Press Agency, the total trading volume on Monday for the 12 listed iron ore futures contracts at the exchange reached 809,348 lots, with a turnover of about 63.48 billion yuan. China, recognized as the world's largest importer of iron ore, opened the DCE iron ore futures market to international investors back in May 2018, allowing global participants to engage in the trading activities of this essential commodity.