Tag: China Iron Ore
-

China: Iron ore prices rise on property market stimulus
Spot prices of iron ore in China rose d-o-d as policies to boost the property market lifted sentiments. Benchmark Fe 62% iron ore fines prices rose $3.05/t to $95.3/t CFR China on 14 Nov’22. Seaborne buying activity remained low as most market participants preferred to wait and see. Furthermore, portside liquidity was poor, with market…