DAILY: Chinese imported iron ore prices edge higher, port trading rebounds

Source: Mysteel Aug 04, 2025 19:40

China’s imported iron ore prices for portside stocks and seaborne cargoes both edged higher on August 4. However, trading activity in the two markets diverged the same day, with portside trades seeing a notable rebound.

On Monday, Mysteel PORTDEX 62% Australian Fines in Qingdao rose by Yuan 6/wmt ($0.8/t) from last Friday to Yuan 775/wmt FOT and including the 13% VAT. Similarly, Mysteel SEADEX 62% Australian Fines increased by a larger $1.4/dmt on day to $100.2/dmt CFR Qingdao. The iron ore derivatives market also recovered today,