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China Imported iron ore margin widens to 2.19 yuan/mt on firmer spot prices

Original · Hellenic Shipping News Worldwide · Shipping · 4h ago
The average imported iron ore margin widened from 0.04 yuan/mt to 2.19 yuan/mt in the latest period, driven mainly by an average rise in port spot prices. On the supply side, SMM shipping data showed arrivals at major Chinese ports fell 15.7% week-on-week to 23.2663 million mt in the week ended October 30. The short-term ...
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