UTC+8 ( BJT)

DAILY: China imported iron ore prices grow, sales up

ABSTRACT

China's prices for imported iron ore in port stocks and seaborne cargoes increased on August 11, with trading of portside ore showing signs of recovering.
On Thursday, Mysteel PORTDEX 62% Australian Fines in Qingdao grew by Yuan 10/wmt ($1.5/wmt) on day to Yuan 794/wmt FOT and including the 13% VAT. On the same day, Mysteel SEADEX 62% Australian Fines increased too by $2.2/dmt on day to $110.2/dmt CFR Qingdao.   Sentiment among traders at major Chinese portside

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