Futures Settlement Price (Main): Iron Ore
Macro
2025-04-02
Description
The Futures Settlement Price (Main) for Iron Ore is published by various commodity exchanges globally. This price represents the final price at which a futures contract for iron ore is settled upon expiration. It is used as a benchmark for determining the market value of iron ore at the end of the trading period. A higher settlement price generally indicates strong demand or limited supply, while a lower price suggests weaker demand or abundant supply.
The settlement price is calculated based on the average of the prices at which the iron ore futures contracts trade during the closing period of the trading session. It includes trades executed on the exchange and may also incorporate prices from related spot markets.
The settlement price is updated daily at the end of each trading session.
Published by
Dalian Commodity Exchange (Choice)
Frequency
Daily
Next Update
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- Futures Closing Price (Main): Iron Ore
Description
The Futures Settlement Price (Main) for Iron Ore is published by various commodity exchanges globally. This price represents the final price at which a futures contract for iron ore is settled upon expiration. It is used as a benchmark for determining the market value of iron ore at the end of the trading period. A higher settlement price generally indicates strong demand or limited supply, while a lower price suggests weaker demand or abundant supply.
The settlement price is calculated based on the average of the prices at which the iron ore futures contracts trade during the closing period of the trading session. It includes trades executed on the exchange and may also incorporate prices from related spot markets.
The settlement price is updated daily at the end of each trading session.