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DAILY: China’s imported iron ore prices dive, trade slim


China’s imported iron ore prices at both portside and seaborne markets plunged on June 21, with trading activities also cooling on Monday.
Today’sMysteel PORTDEX 62% Australian Fines in Qingdao declined by Yuan 42/wmt ($6.5/wmt) on day to Yuan 1,480/wmt FOT and including the 13% VAT, while the SEADEX 62% Australian Finesindexplunged $11/dmt on day to $204.1/dmt CFR Qingdao. Traders shaved their offer prices by aboutYuan 10-20/wmt in the morning sessionin response tosoftening finished


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