IO Benchmark Prices:
8/11/2017:
Platts 62% US$63.05 down US$0.45
Platts 65% US$82.40 unchanged
Platts 58% US$36.35 down US$0.45
Platts 58% Low AL US$51.20 down US$0.45
Lump Premium US$0.2075 up US$0.0095
TSI 62% US$62.50 up US$0.20
TSI 58% US$47.80 unchanged
TSI 65% US$82.80 down US$0.60
Platts 62% Futures:
- November US$61.75 down US$0.04
- December US$62.00 down US$0.11
- Q1 2018 US$62.45 unchanged
- Q2 2018 US$62.92 down US$0.05
63% Pellet Premium US$51 unchanged
65% Pellet Premium US$56 unchanged
In October, total IO import to China was 79.49MT, at 20 months low. Down from record high September of 102.83MT or down 23%. The fall in IO shipments are due to production cuts at Steel Mills.
DYOR.
Frank.
Iron ore price, page-4108
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