Today, seaborne iron ore, delivered to China, is steady. PB fines is mostly quoted at 68.1-68.5 dollars per ton (CFR, China); PB fines is 87.3-87.8 dollars per ton (CFR, China); 58% Yandi fines is 62.5-63 dollars per ton (CFR, China); super special fines is 40-40.5 dollars per ton (CFR, China); Brazilian blending is 74.5-75 dollars per ton (CFR, China), and Carajas fines is 85.4-86 dollars per ton.

After replenishments, Chinese buyers turn to stay out of the market.

Some marketers think that 62% index is relatively high and may be experiencing vibration around the 70 dollars per ton (CFR, China).

Link: China Iron Ore Import Price on Dec 18, 2018