IRON ORE DAILY: Seaborne prices slump amid thin liquidity, soft sentiment
Iron ore prices fell on Thursday July 29 amid thin liquidity and soft market sentiments, sources said.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $196.06 per tonne, down $6.62 per tonne
62% Fe low-alumina fines, cfr Qingdao: $197.46 per tonne, down $5.62 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $160.87 per tonne, down $7.36 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $229.20 per tonne, down $5.00 per tonne
62% Fe fines, fot Qingdao: 1,351 yuan ($207.8) per wet metric tonne (implied 62% Fe China Port Price: $194.48 per dry tonne), down by 40 yuan per wmt
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.4450 per dry metric tonne unit (dmtu), down $0.0100 per dmtu.
IRON ORE DAILY: Seaborne prices slump amid thin liquidity, soft...
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