IRON OREDAILY: Added winter restrictions weaken prices further
Seaborneiron ore prices dropped further on Friday September 17 after more cities innorthern China said that they would implement production restrictions inwinter, sources have told Fastmarkets.
Fastmarketsiron ore indices
62% Fe fines, cfr Qingdao: $101.95 per tonne, down by $5.26 per tonne
62% Fe low-alumina fines, cfrQingdao: $103.95 per tonne, down by $4.21 pertonne
58% Fe fines high-grade premium,cfr Qingdao: $73.52 per tonne, down by $6.13 per tonne
65% Fe Brazil-origin fines, cfrQingdao: $127.50 per tonne, down by $5.60 pertonne
63% Fe Australia-origin lump orepremium, cfr Qingdao: $0.0200per dry metric tonne unit (dmtu), down by $0.0050 per dmtu
62% Fe fines, fot Qingdao: 780 yuan per wet metric tonne (implied 62% Fe China Port Price: $111.50per dry tonne), down by 95 yuan per wmt.
KeydriversThemost-traded January iron ore futures contract on the Dalian Commodity Exchange(DCE) opened amid fluctuations and ended the day down by 6.2% from Thursday’sclosing price of 670.50 yuan...
Price of Iron Ore, page-387
-
- There are more pages in this discussion • 1,430 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FEX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $190.9M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.5¢ | $347.8K | 1.327M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 240502 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 155900 | 5 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| FEX (ASX) Chart |