Seaborne iron ore prices increase further amid positive outlooks
Seaborne iron ore prices increased sharply on Tuesday December 7 due to bullish outlooks for the ferrous industry amid a cut in the reserve requirement ratio (RRR), market participants told Fastmarkets.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $111.34 per tonne, up $8.51 per tonne
62% Fe low-alumina fines, cfr Qingdao: $112.52 per tonne, up $9.03 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $85.49 per tonne, up $7.98 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $127.20 per tonne, up $9.40 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.1550 per dry metric tonne unit (dmtu),up $0.0150 per dmtu
62% Fe fines, fot Qingdao: 720 yuan per wet metric tonne (implied 62% Fe China Port Price: $103.75 per dry tonne), up by 33 yuan per wmt
Iron Ore Price, page-17
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Last
$6.51 |
Change
0.075(1.17%) |
Mkt cap ! $3.383B | |||
| Open | High | Low | Value | Volume |
| $6.61 | $6.62 | $6.47 | $2.726M | 416.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 28 | 6626 | $6.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $6.51 | 4504 | 38 |
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| Last trade - 12.35pm 06/06/2024 (20 minute delay) ? |
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Last
$6.56 |
Change
0.075 ( 1.32 %) |
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| Open | High | Low | Volume | ||
| $6.59 | $6.61 | $6.48 | 77493 | ||
| Last updated 12.54pm 06/06/2024 ? | |||||
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