Iron ore import quotation

The domestic import ore market performed well. With the increase of inquiries, the trading minerals offer price showed a small increase. According to the data recently released by the Minmetals Import and Export Chamber of Commerce, the price of 63.5% coarse meal CIF in India rose to 71-72 US dollars/ton. The increase was 2 US dollars/ton; the actual turnover of the port was mostly 60-63% taste powdered ore. For the later market price, supply and demand generally reflect more optimistic, as of the beginning of this week. The accumulated inventory of imported ore at the top 20 ports in China was 44 million tons, which was lower than that in the same period of August. The number of trade spot mines is extremely limited. It is expected that the iron ore shipping market will remain firm in the next few weeks, and the iron ore market will be imported recently. It may continue to rebound.

Domestic main port spot market:
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The price of 63.5% grade ore in India converges, among which the powder ore price is 620-630 yuan/ton; the block mine is reported to 620 yuan/ton; the Australian ore 63-64% of the ore fines price is 635-640 yuan/ton.
65-67% of the high position in the high ore market is stable: 67% of Brazil's spot price of Carajas fine ore is now at 710-720 yuan/ton; with fine grade fines at 650 yuan/ton; India's 65% fines are at 640-680 yuan/ton . 62% of the low-level ore prices have been stable, including 540-610 yuan/ton in India ore and 600 yuan/ton in Australia.
65% pellets have been stable, with 65% pellets in Russia at 810 yuan/ton; Canadian pellets have risen to 860 yuan/ton.

Shipping Market Quotes:
On the 5th, the prices of sea freight in Pakistan and Australia increased and decreased, and the freight rates for Tubalan, Western Australia to Beicang and Baoshan 150,000-ton routes were reported at US$35.932/tonne and US$12.810/tonne, respectively, compared with the freight rates on the 4th. They dropped by 0.204 U.S. dollars per ton and rose by 0.110 U.S. dollars per ton.