China Iron Concentrate Prices Rise Before Chinese Holiday

Published: Feb 6, 2016 15:05

Save

Prices for domestic iron concentrate rose in parts of China this past week, Shanghai Metals Market reports.

SHANGHAI, Feb. 6 (SMM) – Prices for domestic iron concentrate rose in parts of China this past week, Shanghai Metals Market reports.

SMM attributes the rise mainly to tight supply from pre-holiday stockpiling and transportation disruption from weather and logistics factors.

"Price gains are expected to continue after the 2016 Chinese New Year holiday, but any gains will be small," SMM iron ore analyst says.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

iron ore prices China iron ore price

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn