IRON ORE DAILY: Prices retreat while physical supply fears, futures volatility weigh

Seaborne iron ore prices dropped on Thursday March 19, though uncertainty about supply persisted and the futures prices on the Dalian Commodity Exchange regained some losses made earlier in the morning.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $91.36 per tonne, down $0.35 per tonne
62% Fe low-alumina fines, cfr Qingdao: $92.37 per tonne, down $0.83 per tone
58% Fe fines high-grade premium, cfr Qingdao: $79.60 per tonne, down $0.83 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao: $106.50 per tonne, up $0.80 per tonne

62% Fe fines, fot Qingdao: 668 yuan per wet metric tonne (62% Fe China Port Price: $87.10 per dry tonne), down 20...

Published

Deepali Sharma

March 19, 2020

11:50 GMT

Singapore