Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao:
$109.54 per tonne, down $0.77 per tonne.
62% Fe low-alumina fines, cfr Qingdao:
$111.44 per tonne, down $0.89 per tonne.
58% Fe fines high-grade premium, cfr Qingdao:
$97.86 per tonne, down $1.13 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao:
$121.20 per tonne, down $0.30 per tonne.
62% Fe fines, fot Qingdao:
854 yuan per wet metric tonne (implied 62% Fe China Port Price:
$112.92 per dry tonne), unchanged.
The iron ore futures market downtrend continued for a fourth trading day on the Dalian Commodity Exchange, where the most liquid September futures contract dropped by 1.1% compared with last Friday.
And the downtrend was also evident in iron ore swaps in Singapore Exchange, where the August and September contracts both lost more...