Imported iron ore prices decline in local Chinese market

Thursday, 27 May 2010 12:52:30 (GMT+3)   |  
       

 

Name of Port

Product Name

Iron Content %

Place of Origin

Truck loaded price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Tianjin

fine ore

64

India

1,200

176

-80

fine ore

63.5

India

1,150

168

-80

fine ore

62

India

1,070

157

-60

Qingdao

Fine ore

63.5

India

1,140

167

-90

Yandi fine ore

58/59

Australia

1,110

162

-30

Robe River fine ore

56.5

Australia

1,030

151

-40

Beilun

Newman fine ore

62/63

Australia

1,170

171

-100

South Africa Kumba iron ore

66

South Africa

1,260

184

-40

Carsjas fine ore

67

Brazil

1,300

190

-50

The prices are deal prices in local market.

13 percent VAT is included in all prices.

$1 = RMB 6.83


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