Limited demand and a muted spot market in China have led to the sixth consecutive monthly fall in iron ore pellet prices.
The MB 65% Fe Iron Ore Pellet Index, published by Fastmarkets MB, was at $134.06 per tonne cfr China on Friday November 16, down by $8.49 per tonne from a week earlier.The fall in the MB 65% Fe Iron Ore Pellet index (MBIOI-PT) was based on the visible market activity detailed below.For the calculation of the MBIOI-PT judgment was applied to carry over data in today's indices due to low liquidity in the 24-hour pricing window, corresponding with published fallback measures. No data was discarded in the calculation of these indices. Any data received under Data Submitter Agreements or subject to...