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09 Jun
12:24

Iron ore flat as Chinese holiday starts

Seaborne iron ore prices were flat on Thursday as China was on holiday and there was little trading. China’s producer inflation figures showed continued improvement however, giving some hope that China’s manufacturers may have better days ahead. The Kallanish index for 62% Australian fines gained another $0.18/t to $50.37/dry metric ton cfr Qingdao. A 90,000 tonnes cargo of Carajas fines traded on globalORE at a floating prices for August delivery. …
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