IRON ORE DAILY: Prices drop amid futures losses

Seaborne iron ore prices retreated on Monday August 19 amid lingering pessimism reflected by futures losses.

Fastmarkets’ index for iron ore 62% Fe fines, cfr Qingdao: $88.40 per tonne, down by $1.17 per tonne. Fastmarkets’ index for iron ore 62% Fe Pilbara Blend Fines, cfr Qingdao: $88.78 per tonne, down by $1.17 per tonne. Fastmarkets’ index for iron ore 62% Fe low-alumina fines, cfr Qingdao: $88.21 per tonne, down by $1.29 per tonne. Fastmarkets’ index for iron ore 58% Fe fines high-grade premium, cfr Qingdao: $76.58 per tonne, down by $1.91 per tonne. Fastmarkets’ index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao: $96.90 per tonne, down by $0.20 per tonne. Fastmarkets’ index for iron ore 62% Fe fines, fot Qingdao: 726 yuan per wet metric tonne (implied 62% Fe China Port Price $94.73 per...

Published

July Zhang

August 19, 2019

13:27 GMT

Shanghai