DAILY: Seaborne iron ore prices increase slightly amid limited transactions

The seaborne iron ore index increased on Monday, July 6. The Mysteel SEADEX 61% Fines increased by 0.77% or $0.75/dmt to $98.10/dmt, while the corresponding 62% Low Alumina Fines index was up 0.68% or $0.70/dmt to $104.30/dmt. Both indices are based on CFR Qingdao.

Trading activities in the primary market remained relatively limited. One parcel of MACF with a laycan between August 1-10 was sold $97.95/dmt and another parcel of NF with a laycan between August 1-10 was sold $96.9/dmt on the public platform. "We had planned to purchase the parcel of MACF on