Champion Iron Ord Shs T.CIA

65% Fe at US$195/t

[sam0408]

IRON ORE DAILY: Seaborne prices up despite mixed sentiment; lump demand strong

Iron ore prices trended up on Friday January 15 despite mixed market sentiment but demand for iron ore lump is firm on active trading at the Chinese portside, sources told Fastmarkets.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $173.69 per tonne, up $1.33 per tonne
62% Fe low-alumina fines, cfr Qingdao: $174.13 per tonne, up $1.35 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $159.69 per tonne, up $1.51 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $194.90 per tonne, up $0.60 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.3450 per dry metric tonne unit (dmtu), down $0.0150 per dmtu.
62% Fe fines, fot Qingdao: 1161 yuan per wet metric tonne (implied 62% Fe China Port Price: $167.47 per dry tonne), up by 4 yuan per wmt

https://www.metalbulletin.com/Article/3970668/IRON-ORE-DAILY-Seaborne-prices-up-despite-mixed-sentiment-lump-demand-strong.html

 

[sam0408]

IRON ORE DAILY: Prices inch up after China posts highest-ever GDP Iron ore prices increased on Monday January 18, supported by a news of a record-high GDP in China for 2020 and supply concerns after a fire at Vale’s Ponta da Madeira terminal in northern Brazil. Fastmarkets iron ore indices  62% Fe fines, cfr Qingdao: $174.07 per tonne, up $0.38 per tonne 62% Fe low-alumina