China: Spot iron ore prices largely stable amid poor seaborne liquidity

Spot prices of iron ore in China remained largely stable d-o-d as limited trading activity was observed during the day. Benchmark Fe 62% fines prices fell by $0.10/t to $101.15/t CFR China on 30 Nov’22. Seaborne liquidity was limited during the day, with a few deals heard on both the primary and secondary markets. Trading activity remained focused on medium-grade fines.


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