IRON ORE DAILY: Seaborne prices increase on futures markets gains
Seaborne iron ore prices stayed bullish on Tuesday July 7, largely following the upward trend observed in the futures market, sources told Fastmarkets.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $103.01 per tonne, up $1.77 per tonne.
62% Fe low-alumina fines, cfr Qingdao: $105.31 per tonne, up $1.32 per tonne.
58% Fe fines high-grade premium, cfr Qingdao: $91.84 per tonne, up $2.03 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao: $116.20 per tonne, up $1.20 per tonne.
62% Fe fines, fot Qingdao: 808 yuan per wet metric tonne (implied 62% Fe China Port Price: $106.04 per dry tonne), up by 11 yuan per wmt.
Iron ore price, page-22476
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