Nice combination of higher IO prices and lower discounts...Overall discount likely improved from about 9% Feb to 7.5% March once you factor in West Pilbara Fines.
https://www.google.com.au/amp/s/www...de-iron-ore-fines-demand-rises-in-china?amp=1
Low-grade iron ore fines demand rises in China
Published date: 02 March 2021
“..Trades involving SSF and Indian fines have also picked up in the portside market since last week. The uptick in demand has narrowed the monthly discounts for Australian producer Fortescue Metals' products. The SSF discount narrowed from 11pc in February to 10pc in March, while the discount for FBF narrowed from 8pc to 6pc over the same period...”
Iron ore price, page-28514
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