DAILY: China's imported iron ore prices rise further

China's imported iron ore prices rose for both portside stocks and seaborne cargoes on December 26, while trading volumes of iron ore at major ports dropped after Thursday's single-day gain.

On Friday, Mysteel PORTDEX 62% Australian Fines in Qingdao was assessed Yuan 5/wmt ($0.7/wmt) higher from Thursday at Yuan 801/wmt FOT including the 13% VAT, while Mysteel SEADEX 62% Australian Fines also increased, edging higher by $0.5/dmt from Thursday to $105.35/dmt CFR Qingdao. Iron ore derivatives in Dalian strengthened as