IRON ORE DAILY: Market trading limited during Chinese holiday

There was little liquidity in the iron ore market on Monday June 14 due to Chinese market participants being away for the Dragonboat Festival.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $220.77 per tonne, up $1.51 per tonne
62% Fe low-alumina fines, cfr Qingdao: $221.62 per tonne, up $0.37 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $195.22 per tonne, up $2.44 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $249.20 per tonne, unchanged

Rising metals price volatility over past month

Gold stocks surge ahead of equities on metal price gain

Base metals outlook for 2026 opaque after decent rise last year

Gold and silver stocks far outpace the major markets

Bank of Japan boosts rates, continuing an unwinding carry trade