DAILY: China's portside import iron ore prices stable, sales fall

China's imported iron ore prices for portside stocks stood stable on April 27, though prices for seaborne cargoes nudged higher. Meanwhile, trading activities weakened in both markets.

On Monday, Mysteel PORTDEX 62% Australian Fines in Qingdao was assessed unchanged from last Friday at Yuan 771/wmt ($112.8/wmt) FOT and including the 13% VAT, while Mysteel SEADEX 62% Australian Fines edged up $0.15/wmt from Friday to $109.2/wmt. The most-traded iron ore contract on the Dalian Commodity Exchange closed today's