Peruvian iron ore export prices rise for the second consecutive month in February

Wednesday, 10 April 2019 20:20:08 (GMT+3)   |   Sao Paulo
       

Peruvian iron ore export prices in February rose for the second consecutive month this year, following Vale’s Brumadinho disaster in January, which affected global iron ore prices.

Peruvian iron ore export prices in February reached $50.9/mt FOB, up from $37.7/mt FOB in the same month of 2018. Local central bank, BCRP, said Peruvian iron ore prices also rose 13.6 percent, month-on-month, from $44.8/mt FOB in January this year.

BCRP said Peruvian iron ore export volumes in February totaled 1.2 million mt, slightly down from 1.4 million mt in February 2018, and down from 1.5 million mt in January this year.


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