DAILY: China's imported iron ore prices slide, sales mixed

Chinese prices of imported iron ore for portside stocks and seaborne cargoes witnessed moderate declines on June 16, while transaction volumes in the two markets showed diverged trends.

On Tuesday, Mysteel PORTDEX 62% Australian Fines in Qingdao was assessed at Yuan 728/wmt ($108/wmt) FOT including the 13% VAT, dropping by Yuan 11/wmt on day, while Mysteel SEADEX 62% Australian Fines also eased by $1.4/dmt on day to $102.65/dmt CFR Qingdao. In the derivatives market, domestic iron ore prices