Peruvian iron ore export prices declined 40.8 percent in June, year¬-on-¬year, according to data released on Friday by the nation’s central bank, BCRP.
According to government data, Peruvian iron ore export prices reached $22.7/mt in the sixth month of the year, down from $30.2/mt in May, and $38.4/mt in June 2015.
Peruvian iron ore export prices were on a increasing trend from January to April this year, rising month after month and reach the year’s peak in April at $34.6/mt.
June’s export prices levels indicate the country’s first export price decline in the year.
BCRP said Peruvian iron ore exports totaled 600,000 mt in June, down from 1.6 million mt in May and from 1 million mt in June 2015.