IRON ORE DAILY: Seaborne prices rebound amid strong post-holiday push on front-month swaps and futures

Seaborne iron ore prices rose sharply on Wednesday September 22 amid firmer prices traded on front-month swaps and on Chinese futures, sources said.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $108.70 per tonne, up $15.67 per tonne
62% Fe low-alumina fines, cfr Qingdao: $110.65 per tonne, up $16.69 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $76.25 per tonne, up $11.38 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $130.90 per tonne, up $13.40 per tonne
62% Fe fines, fot Qingdao: 773 yuan per wet metric tonne (implied 62% Fe China Port Price: $110.18 per dry tonne), up by 31 yuan per wmt
Key drivers

The most-traded January iron ore futures contract on the Dalian Commodity Exchange (DCE) was...

Published

Alex Theo

September 22, 2021

12:56 GMT

Singapore