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

China's imported iron ore prices for portside stocks retreated on March 16, while those for seaborne cargoes recovered slightly. Trading activities also showed opposite trends in the two markets.

On Monday, Mysteel PORTDEX 62% Australian Fines in Qingdao was assessed lower by Yuan 9/wmt ($1.3/wmt) from last Friday at Yuan 778/wmt FOT including the 13% VAT, while Mysteel SEADEX 62% Australian Fines mounted marginally by $0.1/dmt from Friday to $110.05/dmt CFR Qingdao today. In the derivatives market, domestic iron