Spot prices of iron ore in China remained largely stable d-o-d as the demand-supply fundamentals in the market were constant. Benchmark Fe 62% fines prices went up by $0.10/t to $109.70/t CFR on 6 Dec’22. Seaborne buying interest remained steady, as some market participants were hesitant to buy cargoes amid the rapid rise in iron ore prices.
Leave a Reply