NOTE: There'll be no news updates over October 3-7 due to China's National Day holiday.
UTC+8 ( BJT)

WEEKLY: China iron ore prices down on soured sentiment

ABSTRACT

Spot prices of imported iron ore across China weakened over September 13-16 as market sentiment was dampened by some bearish macro-economic news and data releases, according to Mysteel's latest report. Supply and demand for iron ore remained largely steady, however.
As of September 16, Mysteel PORTDEX 62% Australian Fines in Qingdao had declined by Yuan 8/wmt ($1.1/wmt) on week to Yuan 763/wmt FOT and including 13% VAT, and Mysteel SEADEX 62% Australian Fines dipped by $5.15/dmt on week to $98.1/dmt CFR Qingdao on the same day.   During the first working day

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