China: Spot iron ore prices fall on weak trading

The spot prices of iron ore in China fell d-o-d due to lower levels of trading, and participants remained mostly on the sidelines. Benchmark Fe 62% fines prices moved down by $3.5/t to $109.2/t CFR China on 19 Dec’22. Seaborne liquidity continued to perform poorly in a quiet market, with buyers showing little interest and sellers receiving only some inquiries.


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