Brazilian iron ore prices follow different trends by product

Thursday, 22 October 2020 22:00:54 (GMT+3)   |   Sao Paulo
       

Under the oscillations of the Chinese spot market, the reference price for the export of Brazilian sinter feed fines of 65 percent iron contents maintained stability at $133/mt, CFR China, dry basis, unchanged since last week.

Premium for lumps and pellets, however, have increased from last week, pointing to prices of $140/mt for lumps and $158/mt for pellets, also CFR China and dry basis, comparable to $139/mt and $151/mt last week.

Reduced sea freight rates have positively affected Brazilian domestic prices, which now are $109/mt for sinter feed fines, $116/mt for lumps and $134/mt for pellets, ex-works conditions, no taxes included, dry basis, against respectively $105/mt $110/mt and $122/mt last week.


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