Seaborne iron ore concentrate, pellet prices weaken further amid persistently thin liquidity

August 31, 2021 / www.metalbulletin.com / Article Link

Prices for seaborne iron ore concentrate and pellet fell in the week ended Friday August 27 amid thin liquidity driven by weak demand, market sources said.

Fastmarkets iron ore indices
Pellet premium over 65% Fe fines, cfr China: $34.30 per tonne, down $0.20 per tonne
66% Fe concentrate, cfr Qingdao: $165.97 per tonne, down $4.02 per tonne
65% Fe blast furnace pellet, cfr Qingdao: $198.14 per tonne, down $9.60 per tonne
Key drivers
Prices for seaborne iron ore concentrate and pellet tracked the weakness in the iron ore fines segment and in iron ore futures as well, according to a trading source in Shanghai.
Overall demand for iron ore concentrate remained weak, and this could be observed in the thin liquidity seen in the seaborne market where most of the iron ore concentrate cargoes typically used for sintering flipped to deep discounts to a 65% Fe index, the trader added.

Some market participants, however,...

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok