MMi Daily Iron Ore Report (October 14)

Published: Oct 14, 2026 17:55 (GMT+8)

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DCE iron ore futures were weaker today. The most-traded I2701 contract settled at 674 yuan/mt, down 0.81% from the previous session. Qingdao port spot prices fell about 2 yuan/mt on average. Traders were reluctant to offer while mill enquiries were reasonable, leaving overall trading thin. SMM survey data this week showed iron ore demand still weak.

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