CIA champion iron limited
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65% Fe up $10 to US$166/t

  1. sam0408
    2,207 Posts.
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    25/08/21
    04:35
    Post #: 55543769

    IRON ORE DAILY: Most prices up on active trading in Chinese ports

    Iron ore prices largely increased on Tuesday August 24 with active trading at China’s ports.

    Fastmarkets iron ore indices
    62% Fe fines, cfr Qingdao: $146.13 per tonne, up by $9.42 per tonne
    62% Fe low-alumina fines, cfr Qingdao: $147.96 per tonne, up by $10.74 per tonne
    58% Fe fines high-grade premium, cfr Qingdao: $113.91 per tonne, up by $7.27 per tonne
    65% Fe Brazil-origin fines, cfr Qingdao: $166.10 per tonne, up by $10.10 per tonne
    63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.1300 per dry metric tonne unit (dmtu), down by $0.0100 per dmtu
    62% Fe fines, fot Qingdao: 1,049 yuan per wet metric tonne (implied 62% Fe China Port Price: $150.42 per dry tonne), up by 17 yuan per wmt.

    CIA Price at posting: $5.58 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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