IRON ORE DAILY: Prices up with recovering demand after Chinese holiday

Iron ore prices went up on Friday October 8 with improved trading liquidity after the Chinese holiday, sources said.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $123.38 per tonne, up $6.36 per tonne
62% Fe low-alumina fines, cfr Qingdao: $126.95 per tonne, up $7.08 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $95.86 per tonne, up $4.64 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $146.10 per tonne, up $7.50 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.16 per dry metric tonne unit (dmtu), unchanged

62% Fe fines, fot Qingdao: 891 yuan per wet metric tonne (implied 62% Fe China Port Price: $128.02 per dry tonne), up by 14 yuan...

Published

Zihao Yu

October 08, 2021

11:36 GMT

Singapore