Webavailable price assessments published for “Iron ore fines 62% Fe - CFR China Port” for that given calendar month by The Steel Index. Cash settlement against the contract settlement of TIO. The floating price for each contract month is equal to the average price calculated … WebForecast Coverage for Iron Ore We feature price forecasts for four definitions, and are per dry metric tonne (US$/T) : China Fines iron ore - 62% FE spot, CFR Qingdao port, Dry. Australian Lump - negotiated hematite ores, 63% fe content, FOB, Dry Australian Fines - negotiated hematite ores, 62% fe content, FOB, Dry
TSI Iron Ore 58% Fe Fines Index to Form Basis of New Singapore Exchange …
WebIron ore1 and steel product2 prices: financial years3. 1 The benchmark (62% iron content) iron ore price delivered to China inclusive of cost and freight. 2 China steel product price index (2011-12= 100.0). 3 Annual average. Source: World Bank, Commodity Markets … Web2 days ago · Discover a more efficient solution for hedging Iron Ore price exposure against marginal cost of production swings and supply-side price squeezes. Experience up to 45% margin offsets versus other cleared, correlated contracts and only post margin on the … earth a salon
Iron Ore PRICE Today Iron Ore Spot Price Chart Live Price of Iron …
WebApr 7, 2024 · The Kallanish KORE 62% Fe index gained $1.53/tonne on Tuesday to $122.84/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index rose $1.8/t at $138.16/dmt cfr, and the KORE 58% Fe index reached $0.08/t higher at $111.97/dmt cfr. ... Iron ore prices diverge in spot market 03 Apr 2024. Iron ore drops on pricing crackdown ... WebAUD/USD & AUD/JPY Analysis / Iron Ore & Inflation The Australian Dollar has weakened in recent weeks due to Iron Ore prices declining as China's zero covid policy has caused investors to fear a slowdown in the world's second-biggest economy. Australia exports 80% of Iron ore to China, so any slowdown in China will hit demand for Australia's commod … WebApr 14, 2024 · The final cost of the iron ore purchase with the hedge is 12.8 million yuan or ¥640 per ton. China remains key for pricing mechanism evolution The rise of China’s dominance in global iron ore trade has brought about several changes in the way the commodity is priced since the new millennium. earth as a magnet