IRON ORE DAILY: Seaborne prices drop on weak short-term demand outlook
Iron ore prices fell on Thursday July 22 amid a weak short-term demand outlook, sources told Fastmarkets.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $202.63 per tonne, down $12.16 per tonne
62% Fe low-alumina fines, cfr Qingdao: $204.62 per tonne, down $11.55 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $166.88 per tonne, down $9.56 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $239.70 per tonne, down $9.40 per tonne
62% Fe fines, fot Qingdao: 1,408 yuan ($217.44) per wet metric tonne (implied 62% Fe China Port Price: $203.71 per dry tonne), down by 44 yuan per wmt
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.50 per dry metric tonne unit (dmtu), down by $0.01 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 | $4.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.22 | 9700 | 1 |
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