Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao:
$218.90 per tonne, down by $1.92 per tonne
62% Fe low-alumina fines, cfr Qingdao:
$220.24 per tonne, down by $1.77 per tonne
58% Fe fines high-grade premium, cfr Qingdao:
$186.30 per tonne, down by $2.18 per tonne
65% Fe Brazil-origin fines, cfr Qingdao:
$249.40 per tonne, down by $2.10 per tonne
62% Fe fines, fot Qingdao:
1,524 yuan per wet metric tonne (implied 62% Fe China Port Price:
$222.28 per dry tonne), up by 10 yuan per wmt.
The price of the most-traded September iron ore futures contract on the Dalian Commodity Exchange (DCE) fluctuated in the morning then fell near the closing time in the afternoon, ending the day down by 1.7% from Thursday’s closing price of 1,223.50 yuan ($190) per tonne.