China: Iron ore prices drop d-o-d on tight seaborne liquidity

The spot prices of iron ore in China decreased d-o-d on 26 Sep’22 due to limited activity in the secondary market. Benchmark Fe 62% fines prices moved down by $3.55/t to $96.05/t CFR China. Trading activity in the seaborne market picked up only in the late Asian hours. However, no trade in the secondary market was heard concluded in the day.


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