IRON ORE DAILY: Futures inch up before Chinese markets reopen

Seaborne iron ore prices were stable with no visible activity on trading platforms or at Chinese ports on Thursday October 8, the last day of China's Golden Week holiday, while iron ore swaps gained slightly amid limited trading.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $123.47 per tonne, unchanged
62% Fe low-alumina fines, cfr Qingdao: $123.49 per tonne, unchanged
58% Fe fines high-grade premium, cfr Qingdao: $111.76 per tonne, unchanged
65% Fe Brazil-origin fines, cfr Qingdao: $134.40 per tonne, unchanged

62% Fe fines, fot Qingdao: 911 yuan per wet metric tonne (implied 62% Fe China Port Price: $124.34 per...

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