62% Australian Fines Index
Mysteel assessed the SEADEX 62% Australian Fines Index at $84.70/dmt CFR Qingdao, down $0.85/dmt from Friday.
There was one deal observed observed for inclusion in the 62% Australian Fines Indexfor a total volume of 170,000 tonnes.
There were 5 offers and 2 bids observed for a total volume of 1.19 million tonnes, including 2 offers and 1 bid in December quotational period.
The volume of every transaction, bid and offer was 170,000 tonnes.
The transaction, bids and offers ranged from $83.60/dmt to 85.52/dmt normalized for delivery timing and quality, with a mean average of $84.81/dmt.
Today the standard methodology applied was based on transaction activity, which was 60% transactions, 20% tradable values and 20% bids and offers (10% and 10%).
There were three samples (2 offers and 1 bid) excluded today as they were outside of the typical delivery window. No expert judgement was applied.
62% Fe Low Alumina Index
Mysteel assessed the SEADEX 62% Fe Low Alumina
Index at $84.05/dmt CFR Qingdao, down $1.00/dmt from Friday.
The tradable value heard today was $84.25/dmt, normalized
for delivery timing and quality.
Today the standard methodology applied was based on 80%
heard transaction and 20% related markets. There was no
expert judgement applied today.
62.5% Lump Premium Index
Mysteel assessed the 62.5% Lump Premium Index at $0.2100/dmtu
CFR Qingdao, held flat from Friday.
No transactions were observed for inclusion in the62.5% Lump
Premium Index.
The main process applied today was based on market survey
and observation of the SGX swaps contract for lump.
There was no data excluded today and no expert judgement
applied.
Fixed Brand Assessments
PBF (61.00% Fe)
Mysteel assessed 61% Fe PBF at $83.65/dmt CFR Qingdao, down $0.85/dmt from Friday, maintaining the spread with the 62% Australian Fines Index.
There were 3 offers and 1 bid observed for a total volume of 680,000 tonnes.
The volume of every bid and offer was 170,000 tonnes.
The transaction, bids and offers ranged from $82.55/dmt to 84.47/dmt normalized for delivery timing and quality, with a mean average of $83.76/dmt.
Today the standard methodology applied was based on transaction activity, which was 60% transactions, 20% tradable values and 20% bids and offers (10% and 10%).
There were three samples (2 offers and 1 bid) excluded today as they were outside of the typical delivery window. No expert judgement was applied.
NHGF (62.40% Fe)
Mysteel assessed 62.40% Fe NHGF at $84.90/dmt CFR
Qingdao, down $0.85/dmt from Friday, maintaining the spread with the 62%
Australian Fines Index.
There were no transactions, offers or bids observed today.
The assessment was determined utilizing market survey and
historic spread relationship to the 62% Australian Fines Index.
JMBF (59.50% Fe)
Mysteel assessed 59.50% Fe JMBF at $75.40/dmt CFR
Qingdao, down $0.50/dmt from Friday.
There was 1 transaction observed for a total volume of 90,000
tonnes.
Today the standard methodology was applied which was
based on the transaction. There was no expert judgement applied today.
MACF (60.80% Fe)
Mysteel assessed 60.80% Fe MACF at $80.55/dmt CFR
Qingdao, down $0.85/dmt from Friday, maintaining the spread with the 62%
Australian Fines Index.
There was no transaction, bid or offer observed today.
The assessment was determined utilizing market survey and historic spread relationship to the 62% Fe Australian Fines Index.
YDF (57.10% Fe)
Mysteel assessed 57.10% Fe YDF at $74.45/dmt CFR
Qingdao, down $0.85/dmt from Friday.
The main process applied today was calculated based on
the historic spread to the SEADEX 58% Australian Fines Index.
There was no data excluded today and no expert judgement
applied.
BRBF (63.00% Fe)
Mysteel assessed 63% Fe BRBF at $85.50/dmt CFR
Qingdao, down $1.00/dmt from Friday, maintaining the spread with the 62% Low
Alumina Index.
There was no transaction, bid or offer observed today.
The assessment was determined utilizing market survey and
historic spread relationship to the 62% Low Alumina Index.
IOCJ (65.10% Fe)
Mysteel assessed 65.10% Fe IOCJ at $94.25/dmt CFR
Qingdao, down $0.85/dmt from Friday, maintaining the spread with the 65% Brazilian
Fines Index.
There was no transaction, bid or offer observed today.
The assessment was determined utilizing market survey and
historic spread relationship to the 65% Brazilian Fines Index.
Floating Brand Assessments
PBF (61.00% Fe)
Mysteel assessed 61% Fe PBF floating premium at $2.85/dmt
CFR Qingdao, down $0.50/dmt from Friday.
The bids, offers and tradeable value premiums ranged from
$2.50 to $4.00 per tonne.
Today the standard methodology was applied which was
based on tradeable value, bids and offers.
There were three samples excluded today as they were outside of the typical
delivery window. There was no
expert judgement applied today.
NHGF (62.4% Fe)
Mysteel assessed 62.4% Fe NHGF floating premium at $1.95/dmt
CFR Qingdao, held flat from Friday.
The premium was
held flat as there was no data for the NHGF floating premium observed in the
market. There was no expert judgement applied today.
JMBF (59.50% Fe)
Mysteel assessed 59.50% Fe JMBF Fines floating
premium at a discount of $3.70/dmt CFR Qingdao, held flat from Friday.
Today the standard methodology was applied which was
based on the transaction. There was no data excluded today and no expert
judgement applied.
MACF (60.80% Fe)
Mysteel assessed 60.80% Fe MAC Fines floating
premium at $0.65/dmt CFR Qingdao, held flat from Friday.
The premium was
held flat as there was only one offer for the MACF floating premium observed in
the market. There was no expert judgement applied today.
YDF (57.10% Fe)
Mysteel assessed 57.10% Fe Yandi Fines floating
premium at a discount of $2.30/dmt CFR Qingdao, flat from Friday.
The premium was
held flat as there was no data for observed YDF floating premium observed in
the market. There was no expert judgement applied today.
BRBF (63.00% Fe)
Mysteel assessed 63.00% Fe BRBF Fines floating
premium at $4.40/dmt CFR Qingdao, held flat from Friday.
The premium was
held flat as there was no data for the BRBF floating premium observed in the
market. There was no expert judgement applied today.
IOCJ (65.10% Fe)
Mysteel assessed 65.10% Fe IOCJ floating premium at $1.80/dmt
CFR Qingdao, held flat from Friday.