UTC+8 ( BJT)

DAILY: China import iron ore prices grow, trading up

ABSTRACT

China’s market for imported iron ore for port inventories and seaborne cargoes increased on June 11, while trading in both markets improved slightly.
On Friday, Mysteel PORTDEX 62% Australian Fines in Qingdao moved up by Yuan 51/dmt ($8/dmt) on day to Yuan 1,527/dmt FOT and including the 13% VAT. On the same day, Mysteel SEADEX 62% Australian Fines surged by $4.25/dmt on day to $219.3/dmt CFR Qingdao. The strong performance of iron ore futures

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