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's iron ore prices decline, trades thin

ABSTRACT

Prices for imported iron ore in China's portside and seaborne markets both dropped for the third day on December 29, and trading in both markets remained thin.
On Wednesday, Mysteel PORTDEX 62% Australian Fines in Qingdao dipped by Yuan 17/wmt ($2.7/wmt) on day to Yuan 779/wmt FOT and including the 13% VAT. On the same day, Mysteel SEADEX 62% Australian Fines slipped to $117.35/dmt CFR Qingdao, having nudged down by $0.35/dmt on day.   The further drop in iron ore

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