DAILY: Chinese imported iron ore prices, sales both fall

Chinese prices for imported iron ore largely softened in both the portside and seaborne markets on April 14 following the previous day’s rises, while trading activity also declined in the two markets.

On Tuesday, Mysteel PORTDEX 62% Australian Fines in Qingdao slipped by Yuan 2/wmt ($0.3/wmt) from Monday to sit at Yuan 761/wmt FOT including the 13% VAT. At the same time, Mysteel SEADEX 62% Australian Fines slid by $1.05/dmt on day to $106.55/dmt CFR Qingdao. Meanwhile, iron ore futures on the