DAILY: Chinese imported iron ore prices diverge, sales slip further

Source: Mysteel Oct 20, 2025 19:50

China’s imported iron ore prices differed on October 20, with portside stocks moving higher while seaborne cargoes edged lower. Transactions in both markets declined further the same day.

On Monday, Mysteel PORTDEX 62% Australian Fines in Qingdao edged up by Yuan 1/wmt ($0.14/wmt) from last Friday to Yuan 782/wmt FOT including the 13% VAT. On the other hand, Mysteel SEADEX 62% Australian Fines inched down by a tiny $0.05/dmt on day to $103.25/dmt CFR Qingdao but nonetheless represented the fifth consecutive working-day fall. In