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DAILY: China's iron ore prices rebound, sales dull

ABSTRACT

China's imported iron ore market saw prices for both port inventories and seaborne cargoes reverse up on Tuesday after Monday's dip, while trading activities in both markets remained dull.
On January 25, Mysteel PORTDEX 62% Australian Fines in Qingdao grew by Yuan 28/wmt ($4.4/wmt) on day to Yuan 892/wmt FOT and including the 13% VAT. On the same day, Mysteel SEADEX 62% Australian Fines increased too by $3.95/dmt on day to $136.85/dmt CFR Qingdao.   The uptick in iron ore futures

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