IRON ORE DAILY: Seaborne prices fall amid tight liquidity
Seaborne iron ore prices decreased on Wednesday September 8 due to limited liquidity in the physical market, sources told Fastmarkets.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $132.19 per tonne, down by $5.78 per tonne
62% Fe low-alumina fines, cfr Qingdao: $133.29 per tonne, down by $4.81 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $106.66 per tonne, down by $4.03 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $154.60 per tonne, down by $6.10 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.0600 per dry metric tonne unit (dmtu), unchanged
62% Fe fines, fot Qingdao: 1,029 yuan per wet metric tonne (implied 62% Fe China Port Price: $148.01 per dry tonne), up by 2 yuan per wmt.
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