CISA: Iron ore prices in China increase during December

Monday, 07 January 2019 10:45:18 (GMT+3)   |   Shanghai

Iron ore prices in China increased 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 last year, the China Iron Ore Price Index (CIOPI) stood at 253.39 points, up 11.47 points or 4.74 percent compared to the end of November. In particular, the domestic production iron ore price index was at 238.94 points, down 9.44 points or 3.8 percent month on month, while the import iron ore price index stood at 255.57 points, increasing by 14.62 points or 6.07 percent month on month.

For the month of December, the average China Iron Ore Price Index (CIOPI) was at 248.73 points, down 14.57 points or 5.53 percent from November. In particular, the average domestic production iron ore price index stood at 238.88 points, down 16.22 points or 6.36 percent month on month, while the average import iron ore price index stood at 250.22 points, decreasing by 14.32 points or 5.41 percent month on month.

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