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
Platts Iron Ore Index assessments reflect the tradeable price of...
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Last
$26.61 |
Change
0.580(2.23%) |
Mkt cap ! $81.93B | |||
| Open | High | Low | Value | Volume |
| $26.32 | $26.61 | $26.10 | $130.7M | 4.939M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9149 | $26.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.61 | 103276 | 6 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$26.55 |
Change
0.580 ( 2.17 %) |
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| Open | High | Low | Volume | ||
| $26.30 | $26.61 | $26.10 | 1169483 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| FMG (ASX) Chart |