DAILY: China's imported iron ore prices fall again

Chinese prices for imported iron ore declined for both portside stocks and seaborne cargoes on April 17, while trading in the two markets also decreased the same day.

On Friday, Mysteel PORTDEX 62% Australian Fines in Qingdao was assessed at Yuan 769/wmt ($112.7/wmt) FOT and including the 13% VAT, lower by Yuan 3/wmt from Thursday, while Mysteel SEADEX 62% Australian Fines was lower by a small $0.35/dmt on day at $108.1/dmt CFR Qingdao. However, in the derivative market, the