Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao:
$101.95 per tonne, down by $5.26 per tonne
62% Fe low-alumina fines, cfr Qingdao:
$103.95 per tonne, down by $4.21 per tonne
58% Fe fines high-grade premium, cfr Qingdao:
$73.52 per tonne, down by $6.13 per tonne
65% Fe Brazil-origin fines, cfr Qingdao:
$127.50 per tonne, down by $5.60 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao:
$0.0200 per dry metric tonne unit (dmtu), down by $0.0050 per dmtu
62% Fe fines, fot Qingdao:
780 yuan per wet metric tonne (implied 62% Fe China Port Price:
$111.50 per dry tonne), down by 95 yuan per wmt.
The most-traded January iron ore futures contract on the Dalian Commodity Exchange (DCE) opened amid fluctuations and ended the day down by 6.2% from Thursday’s closing price of 670.50 yuan...