Price spread between 66% domestic concentrates and IOCJ narrows

Source: Mysteel Jun 24, 2025 17:36

As of June 20, the price spread between 66% domestic concentrates and IOCJ narrowed by Yuan 10/tonne on-week to Yuan 83/t, primarily due to a steeper decline in 66% domestic concentrates prices.

IOCJ prices fell by Yuan 13/t on-week to Yuan 804/t as of June 19, weighed down by portside inventories hitting a yearly high of 16.58 million tonnes. However, domestic concentrate prices recorded a sharper drop of Yuan 23/t on-week to Yuan 887/t during this period. This accelerated decline stemmed

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