Physical iron ore fines prices rose on Monday September 30 ahead of the week-long public holiday in China.
Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $93.38 per tonne, up $2.53 per tonne. 62% Fe Pilbara Blend fines, cfr Qingdao: $92.91 per tonne, up $1.67 per tonne. 62% Fe low-alumina fines, cfr Qingdao: $91.72 per tonne, up $1.26 per tonne. 58% Fe fines high-grade premium, cfr Qingdao: $82.28 per tonne, up $1.16 per tonne. 65% Fe Brazil-origin fines, cfr Qingdao: $100.40 per tonne, up $2.30 per tonne 62% Fe fines, fot Qingdao: 739 yuan per wet metric tonne (implied 62% Fe China Port Price, $95.44 per dry tonne), up 8 yuan per wet metric tonne. Key drivers China's iron ore futures were on an uptrend for most of the day. Limited inventories of the Pilbara Blend fines was heard to be the...