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DAILY: China’s imported iron ore prices slide, sales cool

ABSTRACT

China’s imported iron ore market saw prices for both port inventories and seaborne cargoes decrease on July 29, and trading in the portside market stayed thin.
On Thursday, Mysteel SEADEX 62% Australian Fines retreated by $6/dmt on day to a two-month low of $194/dmt CFR Qingdao. On the same day, Mysteel PORTDEX 62% Australian Fines in Qingdao fell too by Yuan 42/wmt ($6.5/wmt) on day to Yuan 1,344/wmt FOT, also hitting a two-month low. China’s iron ore

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