DAILY: China's imported iron ore prices rebound, trade rises

Chinese prices for imported iron ore strengthened for both portside stocks and seaborne cargoes amid brightened market sentiment on April 20, while trading also improved in both markets.

On Monday, Mysteel PORTDEX 62% Australian Fines in Qingdao was assessed at Yuan 773/wmt ($113.4/wmt) FOT and including the 13% VAT, up Yuan 4/wmt from last Friday. The same day, Mysteel SEADEX 62 Australian Fines was determined higher by $1.25/dmt from Friday at $109.35/dmt CFR Qingdao. China's ferrous futures markets