DAILY: China's imported iron ore prices tick higher, portside trades jump again

China's imported iron ore prices edged up further for both portside stocks and seaborne cargoes on November 27, while trading volume in the portside market also increased.

On Thursday, Mysteel PORTDEX 62% Australian Fines in Qingdao was assessed at Yuan 802/wmt ($113/wmt) FOT and including the 13% VAT, up Yuan 1/t from Wednesday. Similarly, Mysteel SEADEX 62% Australian Fines rose by a marginal $0.1/dmt on day to $106.55/dmt CFR Qingdao. In the derivatives market, domestic iron ore