IRON ORE DAILY: Lower trading at Chinese ports causes easing seaborne prices
Seaborne iron ore prices were down on Tuesday October 12 amid limited trading at Chinese ports, sources told Fastmarkets.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $129.00 per tonne, down $6.03 per tonne
62% Fe low-alumina fines, cfr Qingdao: $130.17 per tonne, down $8.93 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $98.51 per tonne, down $7.08 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $152.30 per tonne, down $7.70 per tonne
62% Fe fines, fot Qingdao: 920 yuan per wet metric tonne (implied 62% Fe China Port Price: $132.27 per dry tonne), down by 6 yuan per wmt
IRON ORE DAILY: Lower trading at Chinese ports causes easing...
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