Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $127.89 per tonne, up $1.55 per tonne
62% Fe low-alumina fines, cfr Qingdao: $128.36 per tonne, up $1.78 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $117.70 per tonne, up $1.40 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $139.70 per tonne, up $1.10 per tonne
62% Fe fines, fot Qingdao: 909 yuan per wet metric tonne (
implied 62% Fe China Port Price: $128.44 per dry tonne), up by 7 yuan per wmt
Key drivers
The most-traded January iron ore futures contract on the Dalian Commodity Exchange (DCE) reached a new 2020 peak at 886 yuan ($135) per tonne in the afternoon before falling back and ending the day at 876.50 yuan per tonne, the highest close price...
