Seaborne iron ore pellet prices fall further on continued weakness in Chinese demand

The seaborne iron ore pellet prices have dropped for the fourth consecutive week as of Friday November 2, prompted by the limited demand from major buyer China.

The MB 65% Fe Iron Ore Pellet Index, published by Fastmarkets MB, was at $145.76 per tonne cfr China on Friday November 2, down by $6.71 per tonne from a week earlier. The fall in the MB 65% Fe Iron Ore Pellet index (MBIOI-PT) was based on the visible market activity detailed below. No data was discarded in the calculation of...


Alex Theo

November 05, 2018

07:45 GMT