Seaborne iron ore concentrate prices soften, pellets firm

Seaborne iron ore concentrate prices weakened last week with the wider market, while pellet pricing held ground.

Concentrate The weekly Fastmarkets index for iron ore 66% Fe concentrate, cfr Qingdao stood at $105.62 per tonne last Friday December 27, down by $2.31 per tonne week on week. The daily Fastmarkets index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao, averaged $102.38 per tonne last week, down $1.22 per tonne compared with an average of $103.60 per tonne a week earlier. The daily settlement prices for the February and March futures contracts for 65% Fe iron ore on the Singapore Exchange averaged $101.40 per tonne cfr China and $100.93 per tonne cfr respectively last week, down from $103.11 per tonne cfr and $102.33 per tonne cfr a week earlier. The...

Published

July Zhang

December 30, 2019

06:25 GMT

Shanghai

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