62% Australian Fines Index
Mysteel assessed the SEADEX 62% Australian Fines Index at $95.75/dmt CFR Qingdao, held flat from Friday.
Three offers were observed for a total volume of 0.51 million tonnes.
The volume of every offer was 170,000 tonnes.
The offers ranged from $95.24/dmt to $96.29/dmt, normalized for delivery timing and quality, with a mean average of $95.76/dmt.
There was no bid observed in the market on Sunday. The standard methodology applied today was based on the tradeable value and related markets. No expert judgement was applied today.
62% Fe Low Alumina Index
Mysteel assessed the SEADEX 62% Fe Low Alumina Index at $98.10/dmt CFR Qingdao, held flat from Friday, maintaining the spread with 62% Australian Fines Index.
There was no sample observed in the market. The standard methodology applied today was determined utilizing market survey and historical spread relationship to 62% Australian Fines Index. No expert judgement was applied today.
62.5% Lump Premium Index
Mysteel assessed the 62.5% Lump Premium Index at $0.2500/dmtu CFR Qingdao, held flat from Friday. There was no sample observed in the market. The standard methodology applied today was determined utilizing market survey and SGX swap. No expert judgement was applied today.
Fixed Brand Assessments
PBF (61.00% Fe)
Mysteel assessed 61% Fe PBF at $94.00/dmt CFR Qingdao, held flat from Friday.
Three offers were observed for a total volume of 0.51 million tonnes.
The volume of every offer was 170,000 tonnes.
The offers ranged from $93.92/dmt to $94.95/dmt, normalized for delivery timing and quality, with a mean average of $94.43/dmt.
There was no bid observed in the market on Sunday. The standard methodology applied today was based on the tradeable value and related markets. No expert judgement was applied today.
NHGF (62.40% Fe)
Mysteel assessed 62.40% Fe NHGF at $95.95/dmt CFR Qingdao, held flat from Friday, maintaining the spread with 62% Australian Fines Index.
There was no sample observed in the market. The standard methodology applied today was based on the market survey and historical spread relationship to 62% Australian Fines Index. No expert judgement was applied today.
JMBF (59.50% Fe)
Mysteel assessed 59.50% Fe JMBF at $81.15/dmt CFR Qingdao, held flat from Friday, maintaining the spread with 62% Australian Fines Index.
There was no sample observed in the market. The standard methodology applied today was based on the market survey and historical spread relationship to 62% Australian Fines Index. No expert judgement was applied today.
MACF (60.80% Fe)
Mysteel assessed 60.80% Fe MACF at $89.50/dmt CFR Qingdao, held flat from Friday, maintaining the spread with 62% Australian Fines Index.
There was no sample observed in the market. The standard methodology applied today was based on the market survey and historical spread relationship to 62% Australian Fines Index. No expert judgement was applied today.
YDF (57.10% Fe)
Mysteel assessed 57.10% Fe YDF at $81.55/dmt CFR Qingdao, held flat from Friday, maintaining the spread with 58% Australian Fines Index.
There was no sample observed in the market. The standard methodology applied today was based on the market survey and historical spread relationship to 58% Australian Fines Index. No expert judgement was applied today.
BRBF (63.00% Fe)
Mysteel assessed 63% Fe BRBF at $99.45/dmt CFR Qingdao, held flat from Friday, maintaining the spread with 62% Fe Low Alumina Index.
There was no sample observed in the market. The standard methodology applied today was based on the market survey and historical spread relationship to 62% Fe Low Alumina Index. No expert judgement was applied today.
IOCJ (65.10% Fe)
Mysteel assessed 65.10% Fe IOCJ at $110.85/dmt CFR Qingdao, held flat from Friday, maintaining the spread with 65% Brazilian Fines Index.
There was no sample observed in the market. The standard methodology applied today was based on the market survey and historical spread relationship to 65% Brazilian Fines Index. No expert judgement was applied today.
Floating Brand Assessments
PBF (61.00% Fe)
Mysteel assessed 61% Fe PBF floating premium at $1.15/dmt CFR Qingdao, held flat from Friday.
There was no available sample observed in the market. No expert judgement was applied today.
NHGF (62.4% Fe)
Mysteel assessed 62.4% Fe NHGF floating premium at a premium of $0.55/dmt CFR Qingdao, held flat from Friday.
There was no sample observed in the market. No expert judgement was applied today.
JMBF (59.50% Fe)
Mysteel assessed 59.50% Fe JMBF floating premium at a discount of $9.40/dmt CFR Qingdao, held flat from Friday.
There was no sample observed in the market. No expert judgement was applied today.
MACF (60.80% Fe)
Mysteel assessed 60.80% Fe MAC floating premium at a discount of $2.85/dmt CFR Qingdao, held flat from Friday.
There was no sample observed in the market. No expert judgement was applied today.
YDF (57.10% Fe)
Mysteel assessed 57.10% Fe YDF floating premium at a discount of $6.50/dmt CFR Qingdao, held flat from Friday.
There was no sample observed in the market. No expert judgement was applied today.
BRBF (63.00% Fe)
Mysteel assessed 63.00% Fe BRBF floating premium at $1.70/dmt CFR Qingdao, held flat from Friday.
There was no sample observed in the market. No expert judgement was applied today.
IOCJ (65.10% Fe)
Mysteel assessed 65.10% Fe IOCJ floating premium at $1.50/dmt CFR Qingdao, held flat from Friday.
There was no sample observed in the market. No expert judgement was applied today.
Written by Jesse Yang, yangdongwei@mysteel.com