DAILY: China's imported iron ore prices edge higher at ports

China's imported iron ore prices rose slightly higher for portside stocks on December 25, while those for seaborne cargoes held steady. Trading volumes for the steelmaking ingredient at major ports also ticked up modestly.

On Thursday, Mysteel PORTDEX 62% Australian Fines in Qingdao was assessed at Yuan 796/wmt ($113.6/wmt) FOT and including the 13% VAT, inching up by Yuan 2/wmt from the day before. The same day, Mysteel SEADEX 62% Australian Fines stayed flat on day at $104.85/dmt CFR Qingdao. In the derivatives market, the most-traded iron