China: Spot iron ore prices decrease d-o-d on muted trading activity

The spot prices of iron ore in China fell slightly d-o-d on 3 Oct’22 due to muted trading activity amid the Golden Week holidays and low optimism in the property market. Benchmark Fe 62% fines prices inched down by $0.65/t to $95.30/t CFR China. In addition, portside liquidity dropped as buyers retreated amid holidays.


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