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IRON ORE: Bearish sentiment sends seaborne prices down further

  • Tuesday, August 6, 2019
  • Source:ferro-alloys.com

  • Keywords:iron ore, price
[Fellow]Fastmarkets’ index for iron ore 62% Fe fines, cfr Qingdao: $100.56 per tonne, down $7.17 per tonne.

[Ferro-Alloys.com] Seaborne iron ore prices tumbled for a second day on Monday August 5 amid pessimistic sentiment, which picked up in intensity toward the end of last week.

Fastmarkets’ index for iron ore 62% Fe fines, cfr Qingdao: $100.56 per tonne, down $7.17 per tonne. Fastmarkets’ index for iron ore 62% Fe Pilbara Blend Fines, cfr Qingdao: $99.06 per tonne, down $7.17 per tonne. Fastmarkets’ index for iron ore 62% Fe low alumina fines, cfr Qingdao: $100.83 per tonne, down $7.33 per tonne. Fastmarkets’ index for iron ore 58% Fe fines high-grade premium, cfr Qingdao: $88.88 per tonne, down $16.12 per tonne. Fastmarkets’ index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao: $110.50 per tonne, down $7.70 per tonne. Fastmarkets’ index for iron ore 62% Fe fines, fot Qingdao: 832 yuan per wet metric tonne (implied 62% Fe China Port Price $110.74 per dry tonne), down 34 yuan per wet metric tonne....(matalbulletin)

 

  • [Editor:kangmingfei]

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