Seaborne iron ore prices largely flat on Thursday November 5 because market participants are still awaiting the official results of the presidential election in the United States, sources told Fastmarkets.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $116.95 per tonne, up $0.04 per tonne
62% Fe low-alumina fines, cfr Qingdao: $117.08 per tonne, up $0.08 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $107.68 per tonne, down $0.32 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $129.10 per tonne, unchanged $0.00 per tonne
62% Fe fines, fot Qingdao: 866 yuan per wet metric tonne (
implied 62% Fe China Port Price: $119.83 per dry tonne), down by 9 yuan per wmt
Key drivers
The most-traded January contract in the Chinese iron ore futures market on the Dalian...