Platts Iron Ore Index assessments reflect the tradeable price of iron ore at 5.30pm Singapore/Beijing time (Australia Sydney 8:30pm), and is regularly used in contract pricing.
For example, today in Beijing Iron Ore Trading Center "Corex", one contract was PB Lump, Fe content 62%, 80000wmt, delivery date: 1/1/2023~10/1/2023, price: Platts 62% for 1/1/2023~31/1/2023, +US$16.20 / dmt
Don't worry about daily Iron Ore prices, I post that so we can get a sense of IO trend, which is UP just in case you are still wondering. Macros and sentiments are what is driving the IO prices.
DYOR
Iron ore price, page-48384
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Last
$19.66 |
Change
0.690(3.64%) |
Mkt cap ! $59.57B | |||
| Open | High | Low | Value | Volume |
| $19.11 | $19.68 | $19.11 | $111.5M | 5.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 4569 | $19.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.67 | 2114 | 9 |
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| Last trade - 14.58pm 10/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |