DAILY: China import iron ore prices, sales both increase

Chinese imported iron ore prices gained ground in both the portside and seaborne markets on January 6, and ore buying activity in the two markets also accelerated in tandem.

On Tuesday, Mysteel PORTDEX 62% Australian Fines in Qingdao rose by Yuan 7/wmt ($1/wmt) on day to Yuan 817/wmt ($115.3/wmt) FOT and including the 13% VAT, while Mysteel SEADEX 62% Australian Fines also settled higher at $106.55/dmt CFR Qingdao, up by $0.75/dmt from Monday. Iron ore futures prices in China