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03 May
17:50

Seaborne Iron ore price upticks over holiday period

Seaborne iron ore has failed to repeat the price advances it made when China was last on holiday and broadly absent from the market. Over the Chinese New Year festival in February the price surged by several dollars. Movement during the just-completed Labour Day celebration, alhough once again positive, has been much more modest. The Kallanish KORE 62% Fe index rose again by $0.41/tonne to $94.46/dry metric ton cfr Qingdao. The Dalian Commodi…
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