Peruvian iron ore export prices in January declined 53.6 percent, year-on-year, and 31.3 percent, month-on-month, according to data released by the nation’s central bank, BCRP.
According to government’s data, Peruvian iron ore export prices in January reached $17.5/mt, down from $25.5/mt in December last year and $37.7/mt in January 2015.
Despite the reduced price, Peruvian iron ore export volumes rose to 1.3 million mt in January this year, from 1.1 million in January 2015.