IRON ORE DAILY: Price rises supported by rebound in futures
Iron ore prices went up on Thursday January 14, sources told Fastmarkets, supported by a rebound in futures, with lump performing well at Chinese ports due to tight supplies.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $172.36 per tonne, up $2.25 per tonne
62% Fe low-alumina fines, cfr Qingdao: $172.78 per tonne, up $1.88 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $158.18 per tonne, up $1.26 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $194.30 per tonne, up $2.80 per tonne
62% Fe fines, fot Qingdao: 1157 yuan per wet metric tonne (implied 62% Fe China Port Price: $166.84 per dry tonne), down by 7 yuan per wmt
http://www.custeel.com/en/csi.jsp
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