At the end of June this year, the China Iron Ore Price Index (CIOPI) stood at 398.32 points, up 40.49 points or 11.32 percent compared to the end of May. In particular, the domestic production iron ore price index was at 335.55 points, up 27.10 points or 8.79 percent month on month, while the import iron ore price index stood at 410.18 points, increasing by 43.02 points or 11.72 percent month on month, as stated in a new report issued by the China Iron and Steel Association (CISA).
For the whole of June, the average China Iron Ore Price Index (CIOPI) was at 375.82 points, up 24.64 points or 7.02 percent compared to the end of May this year. In particular, the average domestic production iron ore price index stood at 320.68 points, up 22.58 points or 7.57 percent month on month, while the average import iron ore price index stood at 386.25 points, increasing by 25.03 points or 6.93 percent month on month.