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Raw Material - Semi
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Mysteel: Raw Material Market Highlight (Feb 13—Feb 17)
Imported iron ore price went up 20-40 yuan/ton on last Monday. The oscillation on the futures has a great impact on the spot transactions. Generally, the spot transactions over the last week was better than that on Monday. The bids and offers for the forward cargoes mainly cover the high grade ores from Australia. By the Feb 17, PB fines traded at index +$3.5 which laycan in March. The high price of forward pushed the mills' procurement to turn to spot purchase at ports.
Mysteel: Raw Material Market Highlight (Feb 6—Feb 10)
The imported iron ore presented upward tendency generally. From the forward side, high grade ores were still attractive by the mills. Port spot were active, especially on Wednesday when mills' enthusiasm was high, which resulted in transaction price kept going up.
Mysteel: Raw Material Market Highlight (Jan 30—Feb 3)
Mysteel 62% index was CFR$80.95/dmt, down $3/dmt compared with that before Spring Festival. Mysteel imported iron ore port spot index was 633 yuan/wmt, down 5 yuan/wmt from the holidays. Several mills are on the way for purchasing. Meanwhile, they also sit on the sidelines with few bids.

Daily Price
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Price Summarization
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