Peruvian iron ore export prices in May declined nearly 11 percent, year-on-year, according to data released by the country’s central bank, BCRP.
Government data indicated Peruvian iron ore export prices in May reached $31.6/mt, down from $35.5/mt in the same month of the year prior.
However, Peruvian iron ore export prices rose from $26.4/mt when compared to April this year. April’s export prices reached the lowest level so far this year.
The local central bank said Peruvian iron ore export volumes totaled 1.5 million mt in May this year, up from 1.2 million in May 2017, and from 1.1 million in April this year.