Iron ore price, page-10799

Full list of the Platts Benchmarks for 6/3/2019:
- Platts 62% Benchmark down US$2.40 to US$85.60/dmt.
- Platts 58% High AL Benchmark down US$0.85 to US$68.20/dmt.
- Platts 58% Low AL Benchmark down US$0.95 to US$77.15/dmt.
- Platts 65% Benchmark down US$2.40 to US$97.25/dmt.
- Lump Premium US$0.36/dmt per %, down US$0.005
- Pellet Premium US$35.45/dmt down US$6.65
- 1% Fe: US$1.45/dmt
- 1% AL: 1-2.5% US$4.70/dmt; 2.5-4% US$5.40/dmt
- 1%Si: 4.5-6.5% US$0.20/dmt; 6.5-9% US$1.50/dmt
- 0.01% Ph: US$1.30/dmt

As we can see, spread between 62% and 58% is narrowed again, another sign of FMG's IO in high demand.

Platts 62% Averages:
- This Month: US$86.93/dmt
- This Year: US$81.64/dmt
- This Financial Year: US$72.37/dmt

Shipping US$4.677/wmt down US$0.041

DYOR
Frank