DAILY: China imported iron ore prices ease, port sales rise

ABSTRACT
Chinese prices of imported iron ore for both port inventories and seaborne cargoes hit the brakes on their six-day increase on February 22, while trading in portside markets picked up on day.

On Wednesday, Mysteel PORTDEX 62% Australian Fines in Qingdao fell by Yuan 5/wmt ($0.7/wmt) from Tuesday to reach Yuan 926/wmt FOT and including the 13% VAT, while Mysteel SEADEX 62% Australian Fines slipped too by $1.5/dmt on day to $130.05/dmt CFR Qingdao. Transaction volumes were light overall today, due to