SteelHome Express: Quotation of Tangshan Iron Ore Roughly Flat but Futures to Rise

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SteelHome Express: Quotation of Tangshan Iron Ore Roughly Flat but Futures to Rise

https://en.steelhome.com [SteelHome] 2019-11-14 16:37:56

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Quotation of imported iron ore on Tangshan market remained roughly flat on Thursday.

Then the prevailing quotation on the market: PB fines is 630-635 yuan/t; PB lump is 770-775 yuan/t; Jimblebar fines is 575-585 yuan/t; Super Special fines is 530-535 yuan/t; Brazilian IOCJ is 720-725 yuan/t.

Though the futures price rises, many keep the quotation stable, being active in shipping goods.

Therefore, SteelHome predicts that prices of iron ore may keep fluctuating in the short run.

Link: Chinese Traders' Quotation of Spot Iron Ore at Ports for Nov 14

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

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