NOTE: There will be no news and data updates over January 31-February 4 due to the Chinese New Year holiday.
UTC+8 ( BJT)

DAILY: China imported iron ore prices dip further

ABSTRACT

Chinese prices of imported iron ore for both port inventories and seaborne cargoes retreated again on December 28 as overall market sentiment cooled further.
On Tuesday, Mysteel PORTDEX 62% Australian Fines in Qingdao dipped by Yuan 13/wmt ($2/wmt) on day to reach Yuan 796/wmt FOT and including the 13% VAT. On the same day, Mysteel SEADEX 62% Australian Fines also eased by $4/dmt on day to reach $117.7/dmt CFR Qingdao.   Most iron ore traders reduced

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