Tag: iron ore shipment recovery
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China: Iron ore spot prices edge down on cheaper portside prices
DCE September futures fall RMB 2.5/t Recovering shipments puts pressure on prices Iron ore fines (Fe 61%) spot prices fell by $0.45/dmt d-o-d to $108.0/dmt CFR China on 19 May against $108.45/dmt on 18 May 2026. Iron ore prices decreased amid active trading in mainstream medium-grade fines, with cheaper portside cargoes pressuring seaborne prices. Weak…