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    Imported Iron Ore Market- Spot Cargo Demand Slashes while Futures Pushed up by Rebounding Stock Market

    January 16, 2013
    SeaNews
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    Imported Iron Ore Market- Spot Cargo Demand Slashes while Futures Pushed up by Rebounding Stock Market
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    China, Imported iron ore prices dipped for USD 2-3 for main stream cargo and USD 1 for Iranian resourceswhile spot price continued falling for RMB 10-20/tonne at major Chinese ports. Today’s iron ore price for foreign quotes and spot cargo at Chinese ports ran in differently with rebar futures and swaps were pushed up by strong rebounding stock market on Monday. Stock market opened low on Mo...

    China, Imported iron ore prices dipped for USD 2-3 for main stream cargo and USD 1 for Iranian resourceswhile spot price continued falling for RMB 10-20/tonne at major Chinese ports. Today’s iron ore price for foreign quotes and spot cargo at Chinese ports ran in differently with rebar futures and swaps were pushed up by strong rebounding stock market on Monday. Stock market opened low on Mo...

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