China iron ore futures hit over 2-week low in sluggish trade.

Benchmark Dalian iron ore prices fell to their lowest in more than two weeks on Thursday, with market activity winding down ahead of the New Year holiday next week. Dalian Commodity Exchange's most-traded iron ore contract , with May 2020 expiry, fell as much as 2percent to 628.50 yuan ($89.85) a tonne in early trade, its weakest since Dec. 9. It was down 1.1percent by 0252 GMT.

On the Singapore Exchange, the front-month January contract slipped 1.5percent to $88.65 a tonne.

"There's not much activity from steel mills this week. We may see...

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