Iron ore prices in China indicated a rising trend during the month of July, as stated in a new report issued by the China Iron and Steel Association (CISA).
At the end of July this year, the China Iron Ore Price Index (CIOPI) stood at 215.63 points, up 16.86 points or 8.48 percent month on month. In particular, the domestic production iron ore price index stood at 195.23 points, up 6.33 points or 3.35 percent month on month, while the import iron ore price index stood at 219.47 points, increasing by 18.84 points or 9.39 percent month on month.
For the whole month of July, the average China Iron Ore Price Index (CIOPI) was at 206.69 points, up 16.70 points or 8.79 percent month on month. In particular, the average domestic production iron ore price index was at 192.11 points, up 4.03 points or 2.14 percent, while the average import iron ore price index stood at 209.43 points, increasing by 19.07 points or 10.02 percent, both month on month.