UTC+8 ( BJT)

DAILY: China imported iron ore prices dive, sales thin

ABSTRACT

Chinese prices of imported iron ore for both port inventories and seaborne cargoes fell sharply on July 30 amid bearish market sentiment. Trading was also thin.
The Mysteel SEADEX 62% Australian Fines index dropped sustainably by $13.8/dmt on day to reach $180.2/dmt CFR Qingdao today, a low since May 26. At the same time, the Mysteel PORTDEX 62% Australian Fines price in Qingdao also fell by a hefty Yuan 73/wmt ($11.3/wmt) on day to Yuan 1,271/wmt ($228.7/wmt) FOT and including

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