Iron ore futures rose to around CNY 815 per ton, rebounding after moving sideways over recent weeks as renewed expectations of policy support and stronger-than-expected economic signals from China lifted market sentiment. The upward move was largely driven by China’s manufacturing sector expanding at its fastest pace in about a year, indicating a pickup in industrial demand. Optimism was further supported after the People's Bank of China signaled it would continue with accommodative monetary policies, fueling expectations of additional stimulus measures. However, gains were capped by elevated inventory levels at Chinese ports, which remain near historic highs. At the same time, other steelmaking inputs moved lower. Prices of coking coal and coke declined, pressured by easing concerns over global energy supply disruptions amid indications that tensions involving Iran could de-escalate.
Iron Ore CNY rose to 812 CNY/T on April 1, 2026, up 0.50% from the previous day. Over the past month, Iron Ore CNY's price has risen 7.62%, and is up 8.56% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Iron Ore CNY reached an all time high of 1337 in May of 2021. This page includes a chart with historical data for Iron Ore CNY. Iron Ore CNY - data, forecasts, historical chart - was last updated on April 1 of 2026.
Iron Ore CNY rose to 812 CNY/T on April 1, 2026, up 0.50% from the previous day. Over the past month, Iron Ore CNY's price has risen 7.62%, and is up 8.56% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Iron Ore CNY is expected to trade at 837.82 CNY/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 864.54 in 12 months time.