Tag: China iron ore price drop

The spot price of iron ore in China fell slightly on 2 Sep’22 as rising port stocks impacted seaborne buying interest. Benchmark Fe 62% fines prices inched down by $0.60/t to $95/t CFR China. Interest for seaborne cargoes was polarised, with the consecutive sharp fall in prices weighing on buying enthusiasm. Portside liquidity was healthy,…