DAILY: China's import iron ore prices mixed, sales slow

Chinese prices for imported iron ore were mixed for port stocks and seaborne cargoes on March 28, with prices for the former extending their decline while those for the latter picked up slightly. Trading activity in the two markets thinned, however.

On Thursday, Mysteel PORTDEX 62% Australian Fines in Qingdao slid to Yuan 790/wmt ($109.3/wmt) FOT and including the 13% VAT, lower by another Yuan 9/wmt on day. The same day, Mysteel SEADEX 62% Australian Fines rose by $0.45/dmt from Wednesday to reach $101.7/dmt CFR Qingdao. Iron ore derivatives on the