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DAILY: China iron ore prices, trading both up


China's prices of imported iron ore for both port inventories and seaborne cargoes reversed up on May 13 from the previous day's dip, with the trading for port inventories also improving.
On Friday, Mysteel PORTDEX 62% Australian Fines in Qingdao climbed by Yuan 14/wmt ($2.1/wmt) on day to reach Yuan 940/wmt FOT and including the 13% VAT. On the same day, Mysteel SEADEX 62% Australian Fines also edged up by $1.2/dmt on day to settle at $128.4/dmt CFR Qingdao.   Today, many iron


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