IRON ORE DAILY: Physical activity muted, concerns over Australian deliveries emerge

Seaborne iron ore prices retreated on Wednesday March 11, with fresh concerns about weather-related disruptions to Australian supplies adding to worries over deliveries from Brazil.

Fastmarkets iron ore indices 
62% Fe fines, cfr Qingdao: $90.05 per tonne, down $2.04 per tonne. 
62% Fe low-alumina fines, cfr Qingdao: $91.09 per tonne, down $2.31 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $78.48 per tonne, down 2.01 per tonne. 
65% Fe Brazil-origin fines, cfr Qingdao: $105 per tonne, down 2.10 per tonne

62% Fe fines, fot Qingdao: 669 yuan per wet metric tonne (62% Fe China Port Price: $88.11 per dry tonne), up 5 yuan per wmt....

Published

Deepali Sharma

Karen Shi

March 11, 2020

12:09 GMT

Singapore