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DAILY: China's iron ore prices rebound, sales wane

Source: Mysteel Jul 18, 2024 19:24
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Imported Iron Ore Price Trading
Chinese imported iron ore prices for port stocks and seaborne cargoes rebounded slightly on July 18. Trading activity in both markets decreased, however.
On Thursday, Mysteel PORTDEX 62% Australian Fines in Qingdao edged up by Yuan 5/wmt ($0.7/wmt) to reach Yuan 819/wmt FOT, including 13% VAT. Meanwhile, Mysteel SEADEX 62% Australian Fines also settled higher by $0.8/dmt at $105.5/dmt CFR Qingdao.   Iron ore futures on the Dalian Commodity Exchange fluctuated within relatively low

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