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DAILY: China imported iron ore prices recover, sales dull


China's prices of imported iron ore for both port inventories and seaborne cargoes recovered on August 5, though trading overall was dull.
On Friday, Mysteel PORTDEX 62% Australian Fines in Qingdao increased by Yuan 25/wmt ($3.7/wmt) on day to reach Yuan 786/wmt FOT and including the 13% VAT. On the same day, Mysteel SEADEX 62% Australian Fines climbed too by $3.5/dmt on day to settle at $106.65/dmt CFR Qingdao.   The uptick in iron


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