Iron ore prices continued to fall on Thursday August 19, with sentiment turning negative due to the bearish demand outlook, sources said.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $132.66 per tonne,down $20.73 per tonne
62% Fe low-alumina fines, cfr Qingdao: $133.30 per tonne,down $20.77 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $103.46 per tonne,down $20.02 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $152.50 per tonne,down $27.30 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.1950 per dry metric tonne unit (dmtu), down $0.0250 per dmtu
62% Fe fines, fot Qingdao: 1,073 yuan per wet metric tonne (
implied 62% Fe China Port Price: $153.95 per dry tonne), down by 50 yuan per wmt
Key drivers
The most-traded January iron ore futures...