Dalian Commodity Exchange on May 28, Tuesday, announced that it decided to enhance the trading fee from 0.6 ‱ of trading value to 1 ‱ for 1909 iron ore contract from May 30. The trading fee of non 01, 05 and 09 contracts of iron ore futures will be changed from 0.06 ‱ to 0.6 ‱.
After the announcement, the iron ore futures price plunged.
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