Metal Futures Rise Driven by Copper Prices, While Coke Hits Lowest in Three Months(Yicai Global) Oct. 24 -- Metal futures surged today driven by soaring copper prices, while the coke futures hit the lowest in three months.
The main future contract for iron ore due in December increased 1.65 percent to CNY55,480 (USD8,363) per ton at the close. Zinc, lead, aluminum, nickel and steel bar prices also climbed.
For-delivery next January coke futures fell 1.41 percent to CNY1,681 per ton after dropping to CNY1,663, the lowest in three months, earlier.
The main future contract for coking coal slumped 3.46 percent to CNY1,088.5 per ton.
