IRON ORE DAILY: Seaborne prices maintain uptrend amid return of liquidity
Iron ore prices rose on Tuesday June 1 continuing the upward trend from Monday amid firmer demand and a return of liquidity to both the physical spot market and at the Chinese ports, sources said.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $208.67 per tonne, up $9.84 per tonne
62% Fe low-alumina fines, cfr Qingdao: $211.04 per tonne, up $9.78 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $181.00 per tonne, up $8.15 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $239.90 per tonne, up $7.10 per tonne
62% Fe fines, fot Qingdao: 1,431 yuan per wet metric tonne (implied 62% Fe China Port Price: $210.63 per dry tonne), up by 36 yuan per wmt
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.4850 per dry metric tonne unit (dmtu), down $0.0400 per dmtu.
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Last
$4.20 |
Change
0.040(0.96%) |
Mkt cap ! $2.239B | |||
| Open | High | Low | Value | Volume |
| $4.21 | $4.31 | $4.14 | $15.79M | 3.748M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18900 | $4.19 |
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| Price($) | Vol. | No. |
|---|---|---|
| $4.22 | 9700 | 1 |
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