IRON ORE DAILY: Swaps prices fluctuate after Trump's positive Covid-19 test

Seaborne iron ore prices were flat on Friday October 2 during the Chinese holiday, however, US president Donald Trump's positive Covid-19 test result caused panic in the markets and iron ore swaps went down again, sources said.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $123.47 per tonne, unchanged
62% Fe low-alumina fines, cfr Qingdao: $123.49 per tonne, unchanged
58% Fe fines high-grade premium, cfr Qingdao: $111.76 per tonne, unchanged
65% Fe Brazil-origin fines, cfr Qingdao: $134.40 per tonne, unchanged

62% Fe fines, fot Qingdao: 911 yuan per wet metric tonne (implied 62% Fe China Port Price: $124.36 per dry tonne),...

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