IRON ORE DAILY: SGX 65% Fe contract registers robust trading volumes

The Singapore Exchange's (SGX) 65% Fe iron ore derivatives contract registered another strong month with 3.3 million tonnes traded in April, according to SGX data published on Tuesday May 5.

Fastmarkets iron ore indices 
62% Fe fines, cfr Qingdao: $84.04 per tonne, unchanged. 
62% Fe low-alumina fines, cfr Qingdao: $86.70 per tonne, unchanged. 
58% Fe fines high-grade premium, cfr Qingdao: $72.13 per tonne, unchanged. 
65% Fe Brazil-origin fines, cfr Qingdao: $101.70 per tonne, unchanged. 

62% Fe fines, fot Qingdao: 669 yuan per wet metric tonne (implied 62% Fe China Port Price: $86.79 per dry tonne),...

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