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China portside iron ore price up, seaborne down

On Friday, Mysteel SEADEX 62% Australian Fines dropped by $1/dmt on day to $124.65/dmt CFR Qingdao after Thursday’s $4.1/dmt rise, while Mysteel PORTDEX 62% Australian Fines in Qingdao increased by Yuan 6/wmt ($0.9/wmt) on day to Yuan 895/wmt FOT and including 13% VAT, more than offsetting yesterday’s Yuan 4/wmt dip. Most traders in the portside
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