DAILY: China's imported iron ore prices fall further, sales mixed

Chinese prices of imported iron ore for both portside stocks and seaborne cargoes extended their falls on January 21, while trading activity in the two markets diverged.

On Wednesday, Mysteel PORTDEX 62% Australian Fines in Qingdao was assessed lower by Yuan 5/wmt ($0.72/wmt) from Tuesday at Yuan 797/wmt FOT including the 13% VAT, while Mysteel SEADEX 62% Australian Fines inched down by $0.2/dmt on day to $103.3/dmt CFR Qingdao, both marking declines for the fifth straight