DAILY: China's imported iron ore prices mixed, trade swells

Chinese prices for imported iron ore showed diverged trends for port stocks and seaborne cargoes on December 30, while trading activity in the two markets improved significantly.

On Tuesday, Mysteel PORTDEX 62% Australian Fines in Qingdao was assessed at Yuan 806/wmt ($115/wmt) FOT and including the 13% VAT, lower by Yuan 2/wmt from the previous day. In contrast, Mysteel SEADEX 62% Australian Fines gained $0.3/dmt from Monday to reach $106.75/dmt CFR Qingdao. The performance of iron ore