Brazil: Iron ore exports fall by 26% m-o-m in Oct’22

  • Brazil’s iron ore exports fell by 26% m-o-m in Oct’22 to 26.79 mnt compared to 36.29 mnt in Sep’22, as per customs data.
  • On a y-o-y basis, exports decreased by 13% as against 30.77 mnt in Oct’21.
  • The average price of iron ore exported from Brazil stood at $68.9/t on FOB basis in Oct’22.

Comments

Leave a Reply

Your email address will not be published.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