DAILY: China's imported iron ore prices, sales both dip

Prices for imported iron ore in China's portside and seaborne markets weakened for a second day on September 19, and trading activity in both markets slowed from the previous day.

On Tuesday, Mysteel PORTDEX 62% Australian Fines in Qingdao dropped by Yuan 6/wmt ($0.8/wmt) on day to Yuan 949/wmt FOT and including the 13% VAT, while Mysteel SEADEX 62% Australian Fines settled at $123.15/dmt CFR Qingdao after falling by $1.3/dmt from Monday. Many ore traders clipped their offering prices for