Seaborne iron ore prices fall further, market sentiment pessimistic

Iron ore prices in the seaborne market fell further on Tuesday May 10, in response to the continuing decline in futures and swaps markets and the pessimistic outlook for iron ore in China, sources told Fastmarkets.

Key drivers

The most-traded September iron ore futures contract on the Dalian Commodities Exchange (DCE) opened lower and traded downwards to close 3.41% lower than the previous closing price of...

Published

Norman Fong

May 10, 2022

11:47 GMT

Singapore