DAILY: China import iron ore prices rise slightly, trades slip

China's imported iron ore prices in the portside and seaborne markets both rallied on April 10, though the on-day increase was marginal. Trading activity in the two markets thinned.

On Friday, Mysteel PORTDEX 62% Australian Fines in Qingdao inched up by Yuan 2/wmt ($0.3/wmt) from Thursday to Yuan 759/wmt FOT including the 13% VAT, while Mysteel SEADEX 62% Australian Fines rose as well on day, albeit by a tiny $0.1/dmt, to $106.35/dmt CFR Qingdao. China's iron ore futures continued