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DAILY: China imported iron ore prices rise further, but sales slide

Source: Mysteel Dec 02, 2022
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Imported Iron Ore Price Trading
ABSTRACT
Chinese prices of imported iron ore for both port inventories and seaborne cargoes continued climbing on December 2, while trading activities in both markets waned.
On Friday, Mysteel PORTDEX 62% Australian Fines in Qingdao increased by Yuan 17/wmt ($2.4/wmt) on day to Yuan 790/wmt FOT and including the 13% VAT. On the same day, Mysteel SEADEX 62% Australian Fines reached at $106.85/dmt CFR Qingdao, $3.9/dmt higher from Thursday.   Many traders were keen to table offers today on the last trading day

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