IRON ORE DAILY: Seaborne prices drop following futures curve

April 29, 2020 / www.metalbulletin.com / Article Link

Seaborne iron ore market prices fell on Tuesday April 28, following the momentum in the iron ore futures curve on the Dalian Commodity Exchange.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $82.20 per tonne, down $1.28 per tonne.
62% Fe low-alumina fines, cfr Qingdao: $84.60 per tonne, down $0.90 per tonne.
58% Fe fines high-grade premium, cfr Qingdao: $71.97 per tonne, down $0.50 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao: $101.20 per tonne, down $0.90 per tonne.

62% Fe fines, fot Qingdao: 667 yuan per wet metric tonne (implied 62% Fe China Port Price: $86.20 per dry tonne), down 1 yuan per...

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