The spot prices of iron ore in China fell d-o-d as import losses between the seaborne and portside markets resulted in limited seaborne buying interest. Benchmark Fe 62% fines prices inched down by $0.65/t to $117/t CFR China on 4 Jan’23. With a handful of primary market trades, liquidity on the seaborne primary market showed signs of improvement. However, trading activity at the portside has decreased slightly.
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