Imported iron ore prices in local Chinese market – week 3

Thursday, 16 January 2014 13:46:58 (GMT+3)   |   Shanghai
 

Product Name

Name of Port

Iron Content %

Place of origin

Truck loaded price (RMB/mt)

Price($/mt)

Weekly Change (RMB/mt)

Newman iron ore  lump

Qingdao

63/63.5

Australia

1,120

185

-20

Brazil fines

63,5

Brazil

900

149

-10

Yandi fines

58 / 59

Australia

800

132

-10

PB Fines

62

Australia

880

145

-10

PB iron ore lump

62/63

Australia

1,050

173

-20

Indian fine ore

63,5

India

910

150

-20

Indian fine ore

63

India

900

149

-10

Indian fine ore

62

India

860

142

-20

Indian fine ore

61

India

840

139

-10

Indian fine ore

59

India

790

130

-20

The prices are deal prices in local market.

17 percent VAT is included in all prices.

$1 = RMB 6.06


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