Spot iron ore Fe 62% fines price yesterday (28 Dec ’20) declined by $2.25 d-o-d to $164.25/t CFR China amid falling Chinese futures prices and slowdown in buying interest for seaborne cargoes. Yesterday, DCE iron ore May ’21 futures slipped by RMB 37.5 d-o-d while SGX iron ore Jan ’21 futures remained range-bound.
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