China: Spot iron ore prices rise on improved seaborne liquidity

Spot prices of iron ore in China rose d-o-d on 10 Oct’22 on the bounce back of seaborne liquidity as the Chinese market returned from its Golden Week holidays. Benchmark Fe 62% fines prices increased by $2.95/t to $98.75/t CFR China. Several deals were concluded throughout the day on the seaborne market, with medium-grade fines seeing particularly high purchasing activity.


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