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DAILY: China's import iron ore prices rise, trade dull


Prices of imported iron ore in China's portside and seaborne markets increased on May 20, while trading activities remained lukewarm.
On Friday, Mysteel PORTDEX 62% Australian Fines in Qingdao grew to Yuan 958/wmt ($143.4/wmt) FOT and including the 13% VAT, Yuan 22/wmt higher on day. On the same day, Mysteel SEADEX 62% Australian Fines climbed to $136.15/dmt CFR Qingdao, rising by $7.35/dmt from Thursday – the largest on-day jump since March


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