DAILY:Seaborne iron ore index fluctuates in a narrow range with relatively weak liquidity

Seaborne iron ore prices index saw the narrow fluctuation accompanied by relatively low liquidity on Friday, August 21, 2026. The Mysteel SEADEX 61% Fines increased by 0.16% or $0.15/dmt to $95.5/dmt, while the corresponding 62% Low Alumina Fines index increased by 0.15% or $0.15/dmt to $100.35/dmt. Both indices are based on CFR Qingdao.

Overall market liquidity remained as quiet as yesterday. On the public platform, a parcel of MACF with the mid September laycan was concluded at a fixed price of $95.90/dmt based on a 61% Fe content. Meanwhile, although bids and offers for BRBF and PBF were observed on the platform,