Iron ore prices in China increased slightly during the month of September, as stated in a new report issued by the China Iron and Steel Association (CISA).
At the end of September this year, the China Iron Ore Price Index (CIOPI) stood at 249.89 points, up 8.4 points or 3.48 percent compared to the end of August. In particular, the domestic production iron ore price index was at 240.45 points, up 5.69 points or 2.42 percent month on month, while the import iron ore price index stood at 251.31 points, increasing by 8.81 points or 3.63 percent month on month.
For the whole of September, the average China Iron Ore Price Index (CIOPI) was at 248.69 points, up 3.75 points or 1.53 percent compared to the end of August. In particular, the average domestic production iron ore price index stood at 237.60 points, up 6.76 points or 2.93 percent month on month, while the average import iron ore price index stood at 250.37 points, increasing by 3.3 points or 1.34 percent month on month.