Tag: China spot iron ore prices

China: Iron ore spot prices rangebound ahead of Labour Day holidays

May 2, 2022

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by

P Anjali

in Fines/Lumps

As the Chinese market eased into the Labour Day holidays, the spot price of iron ore remained stable. The benchmark Fe 62% fines prices inched up by $0.35/t to $142.35/t CFR China on 29 Apr’22. Seaborne trading activity remained subdued, but volumes increased throughout the week due to the narrowing seaborne-portside price spread.