IRON ORE DAILY: Pre-holiday restocking activities improve market sentiment
Seaborne iron ore prices increased on Monday September 27 because pre-holiday restocking activities at China’s ports boosted market sentiment after price declines in the past two weeks.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $119.31 per tonne, up $7.98 per tonne
62% Fe low-alumina fines, cfr Qingdao: $121.10 per tonne, up $7.32 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $89.07 per tonne, up $5.99 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $143.60 per tonne, up $7.70 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.1150 per dry metric tonne unit (dmtu), up $0.1050 per dmtu
62% Fe fines, fot Qingdao: 870 yuan per wet metric tonne (implied 62% Fe China Port Price: $124.39 per dry tonne), up by 56 yuan per wmt
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Last
$4.51 |
Change
0.020(0.45%) |
Mkt cap ! $2.404B | |||
| Open | High | Low | Value | Volume |
| $4.56 | $4.57 | $4.49 | $3.042M | 673.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11619 | $4.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.51 | 63 | 1 |
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| Last trade - 16.10pm 05/09/2025 (20 minute delay) ? |
| CIA (ASX) Chart |