Spot iron ore climbed on Monday as futures on the Dalian Commodity Exchange skyrocketed by 4%. Australian iron ore fines 62% Fe inched up by $0.5/t over a day, coming to $62/t CFR. “The increase was seen after iron ore futures hit a daily limit today,” a trader told Metal Expert. Iron ore with September delivery on the Dalian Commodity Exchange increased by RMB 9.5/t from Friday, coming to RMB 441.5/t. “I suppose the main driver of the rally was the news concerning credit card policy, with foreign companies now entering China,” a buyer commented.
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机译：由于大连商品交易所的期货价格暴涨4％，现货铁矿石周一上涨。澳大利亚62％铁精粉一天内上涨了$ 0.5 / t，至$ 62 / t CFR。一位贸易商告诉Metal Expert：“在今天铁矿石期货触及涨停之后，看到了涨幅。”大连商品交易所9月交付的铁矿石价格较上周五上涨9.5元/吨，至441.5元/吨。一位买家评论道：“我认为涨势的主要驱动力是有关信用卡政策的消息，外国公司现已进入中国。”
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