MMi Daily Iron Ore Report (January 7)

Published: Jan 7, 2021 17:53

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DCE iron ore futures today ascended higher and quotations in the physical port stock market increased by 5-15yuan/mt in the morning. PBF was closed at 1120-1135yuan/mt in Shandong and Tangshan market. Mills demands for low grade products increased as according to SMM, the price spread between mainstream medium and low grade products kept expanding.

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MMi Iron Ore Port Index

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