MMi Daily Iron Ore Report (August 20)

Published: Aug 20, 2021 19:11

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DCE iron ore futures closed slightly higher than yesterday, although it hit the lowest 735 during trading period. PBF at Shandong port quoted as 1110-1120yuan/mt in the morning, down 40yuan/mt over yesterday’s deal price. Although DCE iron ore futures tend to be better since today’s performance, the spot price still continue to decrease.

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MMi Iron Ore Port Index

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