Pellet prices increase in China due to power cuts and increasing power prices in China
China weekly: Steel prices rise post-national holidays
Tight supplies keep spot pellet premiums up w-o-w: Spot pellet premiums for Fe 65% grade pellets were assessed at $63.55/t as against $61.3/t last week.Several Chinese sources were of the view that pellet prices will remain supported on tight supply in China. Power cuts in the country reduced output from Chinese pellet plants, negatively impacting domestic production.During the Chinese Golden Week holidays, buyers showed subdued interest in pellet buying which improved after the holidays ended. Total pellet inventory at China's major ports was recorded at 4 mn t this week as against 4.3 mn t a week ago.
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Last
40.5¢ |
Change
0.005(1.25%) |
Mkt cap ! $468.7M |
Open | High | Low | Value | Volume |
40.5¢ | 41.0¢ | 40.0¢ | $549.9K | 1.359M |
Buyers (Bids)
No. | Vol. | Price($) |
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26 | 627012 | 40.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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40.5¢ | 22719 | 3 |
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No. | Vol. | Price($) |
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26 | 627012 | 0.400 |
9 | 211035 | 0.395 |
25 | 472525 | 0.390 |
10 | 154434 | 0.385 |
28 | 452858 | 0.380 |
Price($) | Vol. | No. |
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0.405 | 22719 | 3 |
0.410 | 87032 | 12 |
0.415 | 101100 | 2 |
0.420 | 109701 | 3 |
0.425 | 119678 | 3 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
40.5¢ |
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Change
0.005 ( 0.05 %) |
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Open | High | Low | Volume | ||
40.5¢ | 41.0¢ | 40.0¢ | 507931 | ||
Last updated 15.59pm 02/05/2024 ? |
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