Iron ore stock at Chinese major ports has declined by 2.4 % W-o-W
In the week ending 19 Jun’15, iron ore stock at Chinese major ports has declined by 2.4% W-o-W from 83.8 MnT to 81.8 MnT. Iron ore stock at Chinese ports has been witnessing downtrend and touched lowest since Nov’13.
Spot iron ore fines (Fe 62%) prices fell by USD 0.4/MT today & stood at USD 61.3/MT, CFR China.
Global Iron Ore Prices
|
|
Material Type |
|
| Fe 62, Australia | Fines | 62 |
| Fe 62, Australia | PB Lump | 74 |
| Fe 65, Brazil | Fines | 65 |
| Fe 65, Brazil | Lump | 72 |
| Fe 64/63, South Africa | Lump | 77 |
| Fe 64.5, South Africa | Concentrate | 69 |
| Fe 65/64.5, South Africa | Fines | 66 |
| Fe 63/62, India | Fines | 61.3 |
| Fe 61/60, India | Fines | 55 |
| Fe 59/58, India | Fines | 51 |
CNF China prices
Source: SteelMint
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