MMi Daily Iron Ore Report (July 22)

Published: Jul 22, 2021 17:57

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DCE iron ore futures fluctuated downward sharply, main contract has fallen by 5.3% throughout the day and almost reach the lowest level within last month. The spot market in the morning has lowered 25-30yuan/mt over yesterday. Some traders accepted the deal with a quite low bargain price, even some traders continued to lower their quotation during the futures period. PBF at Shandong port dealt 1400-1420yuan/mt, down 20-40yuan/mt over yesterday.

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MMi Iron Ore Port Index

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