DAILY: China’s iron ore prices slump, trading thins

Source: Mysteel May 13, 2021 19:05

China’s prices of imported iron ore for both port inventories and seaborne cargoes slumped on May 13, with trading in the seaborne market cooling.

On Thursday, Mysteel PORTDEX 62% Australian Fines in Qingdao declined by Yuan 66/wmt ($10.2/wmt) on day to Yuan 1,609/wmt FOT and including the 13% VAT, while on the same day, Mysteel SEADEX 62% Australian fines also dropped by $16.05/dmt on day to $217.65/dmt CFR Qingdao. During the day on May

Price Curve

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