According to the Xinhua-China Iron Ore Price Index issued by China's state-owned Xinhua News Agency, on June 25 the price index for 63.5 percent Fe content imported iron ore stood at 140 points, up two points week on week, while the price index for 58 percent grade imported iron ore was 119 points, also indicating an increase of two points week on week.
As of June 25, inventory of iron ore at Chinese ports totaled 96.76 million mt, down 400,000 mt or 0.41 percent on week-on-week basis.