Peruvian iron ore export prices decline in May

Wednesday, 17 July 2019 23:15:17 (GMT+3)   |   Sao Paulo

According to data from Peru’s central bank (BCRP), Peruvian iron ore export prices in May declined 4 percent, month-on-month, to $62.3/mt FOB, from $64.9/mt in April, the year’s highest rate thus far. On a year-on-year basis, iron ore prices improved 93.4 percent.

Government data indicated Peruvian iron ore export volumes in May decreased to 1.1 million mt, from 1.4 million mt in May 2018. Iron ore export volumes slightly rose from 1 million mt when compared to April 2019.

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