Iron ore prices in China continued to indicate a declining trend during the month of September, as stated in a new report issued by the China Iron and Steel Association (CISA).
At the end of September this year, the China Iron Ore Price Index (CIOPI) stood at 205.54 points, down 7.23 points or 3.40 percent month on month. In particular, the domestic production iron ore price index stood at 208.19 points, up 1.91 points or 0.93 percent month on month, while the import iron ore price index stood at 205.04 points, decreasing by 8.95 points or 4.18 percent month on month.
For the whole month of September, the average China Iron Ore Price Index (CIOPI) was at 210.19 points, down 9.08 points or 4.14 percent month on month. In particular, the average domestic production iron ore price index was at 208.78 points, up 6.38 points or 3.15 percent, while the average import iron ore price index stood at 210.46 points, decreasing by 11.99 points or 5.39 percent, both month on month.