62% Australian Fines Index
Mysteel assessed the SEADEX 62% Australian Fines Index at $91.10/dmt CFR Qingdao, down $1.55/dmt from Saturday.
Observed transactions:
100,000 tonnes of 61% Fe PBF, traded at a fixed price of $90.55/dmt CFR Qingdao, was normalized for delivery timing and quality at $91.71/dmt CFR Qingdao on Mysteel 62% Fe Index, laycan November 1/November10.
Tradable values, offers and bids heard in the market:
PBF tradable value heard from a market source, at a premium of $4.00 per tonne, over November average index, was normalized for delivery timing and quality at $90.20/dmt CFR Qingdao on Mysteel 62% Fe Index.
170,000 tonnes of 62% Fe PBF, offered at a premium of $4.40 per tonne, over November average index, laycan October 30/November 8.
170,000 tonnes of 62% Fe PBF, offered at a premium of $4.20 per tonne, over November average index, laycan November8/ November17.
170,000 tonnes of 62% Fe PBF, offered at a premium of $4.20 per tonne, over November average index, laycan November 12/ November21.
170,000 tonnes of 62% Fe PBF, offered at a premium of $4.00 per tonne, over November average index, laycan November12/ November21.
170,000 tonnes of 62% Fe PBF, offered at a premium of $4.80 per tonne, over November average index, laycan November 11/ November20.
170,000 tonnes of 62% Fe PBF, offered at a premium of $3.50 per tonne, over December average index, laycan December 1/ December 25.
170,000 tonnes of 62% Fe PBF, bid made at a premium of $3.00 per tonne, over November average index, laycan October 30/ November 8.
No market data was excluded from the assessment process on October 14.
62% Fe Low Alumina Index
Mysteel assessed the SEADEX 62% Fe Low Alumina Index at $89.70/dmt CFR Qingdao, down $2.95/dmt from Saturday.
BRBF tradable value heard from a market source, at a premium of $2.80/dmt CFR Qingdao, which was normalized for delivery timing and quality at $89.40/dmt CFR Qingdao on Mysteel 62% Fe Low Alumina.
62.5% Lump Premium Index
Mysteel assessed the 62.5% Lump Premium Index at $0.2300/dmtu CFR Qingdao, up $0.0185/dmtu from Saturday.
70,000 tonnes of 62.5% Fe PBL, traded at a premium of $0.2300/dmtu CFR Qingdao, which was normalized for delivery timing and quality at $101.67/dmt CFR Qingdao on Mysteel 62.5% Lump Premium Index, laycan November 2/November11.
No market data was excluded from the assessment process on October 14.
Brand Assessments
PBF (61.00% Fe)
Mysteel assessed 61% Fe PBF at $90.05/dmt CFR Qingdao, down $1.55/dmt from Saturday, maintaining the spread with the 62% Australian Fines Index.
100,000 tonnes of 61% Fe PBF, traded at a fixed price of $90.55/dmt CFR Qingdao, which was normalized for delivery timing and quality at $90.66/dmt CFR Qingdao on Mysteel 62% Fe Index, laycan November 1/November10.
PBF tradable value heard from a market source, at a premium of $4.00 per tonne, over November average index, was normalized for delivery timing and quality at $89.20/dmt CFR Qingdao on Mysteel 62% Fe Index.
170,000 tonnes of 62% Fe PBF, offered at a premium of $4.40 per tonne, over November average index, laycan October 30/November 8.
170,000 tonnes of 62% Fe PBF, offered at a premium of $4.20 per tonne, over November average index, laycan November8/ November17.
170,000 tonnes of 62% Fe PBF, offered at a premium of $4.20 per tonne, over November average index, laycan November 12/ November21.
170,000 tonnes of 62% Fe PBF, offered at a premium of $4.00 per tonne, over November average index, laycan November12/ November21.
170,000 tonnes of 62% Fe PBF, offered at a premium of $4.80 per tonne, over November average index, laycan November 11/ November20.
170,000 tonnes of 62% Fe PBF, offered at a premium of $3.50 per tonne, over December average index, laycan December 1/ December 25.
170,000 tonnes of 62% Fe PBF, bid made at a premium of $3.00 per tonne, over November average index, laycan October 30/ November 8.
No market data was excluded from the assessment process on October 14.
NHGF (62.40% Fe)
Mysteel assessed 62.40% Fe NHGF at $91.35/dmt CFR Qingdao, down $1.55/dmt from Saturday, maintaining the spread with the 62% Australian Fines Index.
JMBF (59.50% Fe)
Mysteel assessed 59.50% Fe JMBF at $80.90/dmt CFR Qingdao, down $2.30/dmt from Saturday, maintaining the spread with the 62% Australian Fines Index.
110,000 tonnes of 59.50% Fe JMBF, traded at a discount of $3.50 per tonne, over November average index, which was normalized for delivery timing and quality at $80.92/dmt CFR Qingdao on Mysteel 62% Australian Fines Index, laycan November11/ November20.
No market data was excluded from the assessment process on October 14.
MACF (60.80% Fe)
Mysteel assessed 60.80% Fe MACF at $87.00/dmt CFR Qingdao, down $2.00/dmt from Saturday, maintaining the spread with the 62% Australian Fines Index.
50,000 tonnes of 60.80% Fe MACF, offered at a premium of $1.60 per tonne, over November average index, which was normalized for delivery timing and quality at $87.35/dmt CFR Qingdao on Mysteel 62% Australian Fines Index, laycan November 8/ November17.
110,000 tonnes of 62% Fe PBF, bid made at a premium of $0.20 per tonne, over November average index, which was normalized for delivery timing and quality at $86.61/dmt CFR Qingdao on Mysteel 62% Australian Fines Index, laycan November 14/ November 23.
No market data was excluded from the assessment process on October 14.
YDF (57.10% Fe)
Mysteel assessed 57.10% Fe YDF at $77.60/dmt CFR Qingdao, down $1.55/dmt from Saturday, maintaining the spread with the 62% Australian Fines Index.
100,000 tonnes of 57.1% Fe YDF, offered at a discount of $1.50/dmt CFR Qingdao, which was normalized for delivery timing and quality at $79.55/dmt CFR Qingdao on Mysteel 62% Australian Fines Index, laycan November 11/November 20.
BRBF (63.00% Fe)
Mysteel assessed 63% Fe BRBF at $91.15/dmt CFR Qingdao, down $2.95/dmt from Saturday, maintaining the spread with the 62% Low Alumina Index.
IOCJ (65.10% Fe)
Mysteel assessed 65.10% Fe IOCJ at $98.00/dmt CFR Qingdao, down $1.55/dmt from Saturday, maintaining the spread with the 65% Brazilian Fines Index.
105,000 tonnes of 65.1% Fe IOCJ, offered at a premium of $2.00/dmt CFR Qingdao, bill of landing date on September 24.
170,000 tonnes of 65.1% Fe IOCJ, offered at a premium of $1.90/dmt CFR Qingdao, bill of landing date on September 24.
Floating Price Assessments
PBF (61.00% Fe)
Mysteel assessed 61% Fe PBF floating premium at $4.10/dmt CFR Qingdao, flat from Saturday.
170,000 tonnes of 62% Fe PBF, offered at a premium of $4.40 per tonne, over November average index, laycan October 30/November 8.
170,000 tonnes of 62% Fe PBF, offered at a premium of $4.20 per tonne, over November average index, laycan November8/ November17.
170,000 tonnes of 62% Fe PBF, offered at a premium of $4.20 per tonne, over November average index, laycan November 12/ November21.
170,000 tonnes of 62% Fe PBF, offered at a premium of $4.00 per tonne, over November average index, laycan November12/ November21.
170,000 tonnes of 62% Fe PBF, offered at a premium of $4.80 per tonne, over November average index, laycan November 11/ November20.
170,000 tonnes of 62% Fe PBF, offered at a premium of $3.50 per tonne, over December average index, laycan December 1/ December 25.
170,000 tonnes of 62% Fe PBF, bid made at a premium of $3.00 per tonne, over November average index, laycan October 30/ November 8.
NHGF (62.4% Fe)
Mysteel assessed 62.4% Fe NHGF floating premium at $2.70/dmt CFR Qingdao, flat from Saturday limited data were available.
JMBF (59.50% Fe)
Mysteel assessed 59.50% Fe JMBF Fines floating premium at a discount of $3.50/dmt CFR Qingdao, down $0.25/dmt CFR Qingdao.
110,000 tonnes of 59.50% Fe JMBF, traded at a discount of $3.50 per tonne, over November average index, laycan November11/ November20.
MACF (60.80% Fe)
Mysteel assessed 60.80% Fe MAC Fines floating premium at $0.90/dmt CFR Qingdao, up $0.10/dmt from Saturday.
50,000 tonnes of 60.80% Fe MACF, offered at a premium of $1.60 per tonne, over November average index, laycan November 8/ November17.
110,000 tonnes of 62% Fe PBF, bid made at a premium of $0.20 per tonne, over November average index, laycan November 14/ November 23.
YDF (57.10% Fe)
Mysteel assessed 57.10% Fe Yandi Fines floating premium at a discount of $2.30/dmt CFR Qingdao, flat from Saturday as limited data were available.
BRBF (63.00% Fe)
Mysteel assessed 63.00% Fe BRBF Fines floating premium at $4.40/dmt CFR Qingdao, flat from Saturday as limited data were available.
IOCJ (65.10% Fe)
Mysteel assessed 65.10% Fe IOCJ floating premium at $1.60/dmt CFR Qingdao, flat from Saturday as limited data were available.