Tag: iron ore market outlook
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China: Iron ore spot prices drop down by $1/dmt d-o-d
DCE iron ore futures fall d-o-d Softer Chinese economic indicators weigh on market confidence Iron ore fines (Fe 61%) spot prices edged down by $0.85/dmt to $101.35/dmt CFR China on 16 June 2026 against 15 June. Prices softened as the momentum from earlier buying activity for July and August delivery cargoes weakened, resulting in lower…