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

China's imported iron ore prices continued to increase for portside stocks on March 13, while those for seaborne cargoes retreated marginally. Trading activity cooled in both markets.

On Friday, Mysteel PORTDEX 62% Australian Fines in Qingdao increased by Yuan 9/wmt ($1.3/wmt) from Thursday to reach Yuan 787/wmt FOT and including the 13% VAT. The same day, Mysteel SEADEX 62% Australian Fines dipped $0.05/wmt on day to $109.95/dmt CFR Qingdao, still hovering around a 20-month high. Chinese ferrous