Iron ore prices in China continued to move upwards during the month of December, as stated in a new report issued by the China Iron and Steel Association (CISA).
At the end of December this year, the China Iron Ore Price Index (CIOPI) stood at 255.89 points, up 9.94 points or 4.04 percent month on month. In particular, the domestic production iron ore price index stood at 233.70 points, increasing by 12.55 points or 5.67 percent month on month, while the import iron ore price index stood at 259.24 points, rising by 9.55 points or 3.82 percent month on month.
For the whole of December, the average China Iron Ore Price Index (CIOPI) was at 250.97 points, up 22.05 points or 9.63 percent month on month. In particular, the average domestic production iron ore price index was at 228.99 points, increasing by 11.38 points or 5.23 percent, while the average import iron ore price index stood at 254.30 points, rising by 23.55 points or 10.21 percent, both month on month.