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Mar.29.2024 1USD=7.0948RMB
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SteelHome Express: China Imported iron ore in USD Price up on September 12, 2019

https://en.steelhome.com [SteelHome] 2019-09-12 15:04:30

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Overseas iron ore price from SteelHome on Thursday: China imported iron ore in USD price rises by 2.5 dollars/t. PB fines is 94-94.5 dollars/t (CIF); PB lump is 100.5-101 dollars/t; Jimblebar fines is 89-89.5 dollars/t; Yandi fines is 82-82.5 dollars/t; Super Special fines is 79.5-80 dollars/t; Brazilian fines is 93-93.5 dollars/t; Brazilian IOCJ is 100-100.5 dollars/t.

Meanwhile, taking PB fines as an example, its offshore price in USD is lower than the spot price in RMB. Therefore, the offshore transactions in USD have a better performance than the spot transactions in RMB.

(To contact the reporter on this story: cody.wang@steelhome.cn or 86-555-2238837)
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