DAILY: China's imported iron ore prices fall, trading tracks apart

Chinese prices for imported iron ore declined in both the portside and seaborne markets on March 25, while buying activity tracked apart in the two markets.

On Wednesday, Mysteel PORTDEX 62% Australian Fines in Qingdao fell by Yuan 14/wmt ($2/wmt) on day to Yuan 766/wmt FOT and including the 13% VAT, the lowest price level in nearly three weeks. The same day, Mysteel SEADEX 62% Australian Fines slipped by $2/dmt from Tuesday to $108.1/dmt CFR