DAILY:Seaborne iron ore index keeps largely stable amid weakening liquidity

Seaborne iron ore index remained largely stable, with market liquidity weakening notably, on September 30, 2026, the last working day before China's National Day holiday. The Mysteel SEADEX 61% Fines was flat at $92.80/dmt, while the corresponding 62% Low Alumina Fines index decreased $0.25/dmt to $97.25/dmt. Both indices are based on CFR Qingdao.

Compared with the previous two working days, activity in the primary market weakened markedly. On the public platform, MACF sold directly by miners was concluded at a fixed price of US $92.10/dmt based on 60.5% Fe content. Meanwhile, although inquiries for PBL lump premium emerged, no matching offers appeared. "The