DAILY: China's imported iron ore prices mixed

After falling for two days straight, China's imported iron ore prices rebounded slightly for port stocks on December 24, while those for seaborne cargoes slipped lower. Trading volumes of the feedstock in the two markets also showed mixed trends.

On Wednesday, Mysteel PORTDEX 62% Australian Fines in Qingdao was assessed at Yuan 794/wmt ($113/wmt) FOT and including the 13% VAT, inching higher by Yuan 1/wmt from the prior day. The same day, Mysteel SEADEX 62% Australian Fines lost $1.4/dmt on day to $104.85/dmt CFR Qingdao. In the derivatives market,