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Mysteel- a day old:DAILY: DCE surge boosts China's imported iron...

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    Mysteel- a day old:

    DAILY: DCE surge boosts China's imported iron ore prices

    The jump in iron ore derivatives prices on the Dalian Commodity Exchange (DCE) on April 17 propelled China's imported iron ore prices upward again after the previous day's retreat. Trading activities in the portside market also swelled on the same day.On Wednesday, Mysteel PORTDEX 62% Australian Fines in Qingdao soared by a significant Yuan 37/wmt ($5.1/wmt) from Tuesday to reach Yuan 891/wmt FOT and including the 13% VAT, a new high for the port price since March 8.

    https://www.mysteel.net/market-insights/5052548-daily-dce-surge-boosts-chinas-imported-iron-ore-prices

 
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