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DAILY: China's imported iron ore prices, trading ease

ABSTRACT

Prices for imported iron ore in China's portside and seaborne markets declined on November 25 after four working days of increases, and trading activities also quietened from Wednesday.
On Thursday, Mysteel PORTDEX 62% Australian Fines in Qingdao dropped by Yuan 4/wmt ($0.6/wmt) on day to Yuan 678/wmt FOT and including the 13% VAT. On the same day, Mysteel SEADEX 62% Australian Fines decreased to $100.5/dmt CFR Qingdao, losing $2.95/dmt on day.   China's iron ore traders pared their offering prices

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