Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao
: $214.79 per tonne, down $6.25 per tonne
62% Fe low-alumina fines, cfr Qingdao
: $216.17 per tonne, down $6.85 per tonne
58% Fe fines high-grade premium, cfr Qingdao
: $176.44 per tonne, down $5.83 per tonne
65% Fe Brazil-origin fines, cfr Qingdao
: $249.10 per tonne, down $6.80 per tonne
62% Fe fines, fot Qingdao
: 1,452 yuan ($223.88) per wet metric tonne (implied 62% Fe China Port Price
: $209.96 per dry tonne), down by 32 yuan per wmt
The most-traded September iron ore futures contract on the Dalian Commodity Exchange (DCE) decreased sharply after opening and ended down by 4.8% from Tuesday’s close of 1,233 yuan per tonne.
The most-traded August iron ore forward-month swap contract on the Singapore Exchange (SGX) also fell. By 6:11pm Singapore time, it...