DAILY: Seaborne iron ore prices decrease amid limited trading activities

Seaborne iron ore prices decreased significantly on Thursday, September 9, 2026. The Mysteel SEADEX 61% Fines decreased $2.10/dmt to $98.60/dmt, while the corresponding 62% Low Alumina Fines index decreased $2.05/dmt to $100.50/dmt. Both indices are based on CFR Qingdao.

Trading activities in the primary market remained limited. One parcel of PBF with a September 25-October 4 laycan was offered at a premium of -$0.1/dmt on the public platform, failed to attract any buyers. "We have noticed some parcels of PBF arriving in October were sold at a premium