China: Iron ore prices edge up on sustained buying interest

Iron ore spot prices in China increased by $0.20/t d-o-d to $127.45/t CFR China on 3 Mar’23 on continuous buying interest in the market. Market players are looking forward to China’s “Two Sessions,” set to begin this weekend, for more indications next week. Trading activity at the portside slowed since there were a few offers and less enquiries.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *