Iron ore spot prices in China inched up by $0.45/t d-o-d to $127.25/t CFR China on 2 Mar’23 on an improved liquidity. The seaborne buying interest strengthened, with several cargoes expected to arrive in March being traded in the secondary market. Some market players preferred to wait after China’s “two sessions” this weekend for additional clarification. Property market expectations are changing too rapidly.
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