Seaborne iron ore prices flat amid limited trading activities

Seaborne iron ore prices were largely unchanged on Wednesday December 8, amid continuing sufficient supplies and weak demand, market participants told Fastmarkets.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao:  $111.37 per tonne, up $0.03 per tonne
62% Fe low-alumina fines, cfr Qingdao:  $112.51 per tonne, down $0.01 per tonne
58% Fe fines high-grade premium, cfr Qingdao:  $86.78 per tonne, up $1.29 per tonne
65% Fe Brazil-origin fines, cfr Qingdao:  $127.70 per tonne, up $0.50 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao:  $0.1500 per dry metric tonne unit (dmtu), down $0.0050 per dmtu
62% Fe fines, fot Qingdao:  730 yuan per wet metric tonne (implied 62% Fe China port price: $105.29 per dry tonne), up by 10 yuan per wmt
Key drivers

The most-traded May iron...

Published

Alice Li

December 08, 2021

12:07 GMT

Shanghai