Tag: port stock trends
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China: Iron ore spot prices hold firm d-o-d
Iron ore fines (Fe 62%) held steady d-o-d at $104.8/dmt CFR China on 21 Nov’25, with prices likely to remain under pressure in the near term. Port sentiment was weak due to thin liquidity, though medium-grade fines saw slightly better movement. Overall, market fundamentals were soft, which kept buying muted. Lump demand also weakened further…