CISA: Iron ore prices in China see rising trend during May

Thursday, 06 June 2019 10:50:36 (GMT+3)   |   Shanghai
       

At the end of May, the China Iron Ore Price Index (CIOPI) stood at 357.83 points, up 23.09 points or 6.9 percent compared to the end of April this year. In particular, the domestic production iron ore price index was at 308.45 points, up 21.62 points or 7.54 percent month on month, while the import iron ore price index stood at 367.16 points, increasing by 23.36 points or 6.79 percent month on month, as stated in a new report issued by the China Iron and Steel Association (CISA).

For the whole of May, the average China Iron Ore Price Index (CIOPI) was at 351.18 points, up 20.86 points or 6.32 percent compared to the end of April this year. In particular, the average domestic production iron ore price index stood at 298.1 points, up 13.5 points or 4.74 percent month on month, while the average import iron ore price index stood at 361.22 points, increasing by 22.25 points or 6.56 percent month on month.


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