Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao:
$120.49 per tonne, up $0.88 per tonne
62% Fe low-alumina fines, cfr Qingdao:
$120.64 per tonne, up $0.59 per tonne
58% Fe fines high-grade premium, cfr Qingdao:
$112.05 per tonne, up $0.90 per tonne
65% Fe Brazil-origin fines, cfr Qingdao:
$133.80 per tonne, up $0.80 per tonne
62% Fe fines, fot Qingdao:
891 yuan per wet metric tonne (implied 62% Fe China Port Price:
$123.63 per dry tonne), up by 5 yuan per wmt
Following the momentum from yesterday, the most-traded January iron ore futures contract on the Dalian Commodity Exchange (DCE) continued gaining, ending up with an increase of 1% compared with Tuesday’s close price.
Meanwhile, the iron ore swaps contracts on the Singapore Exchange (SGX) gained further in forward-month contracts with the increment over...