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Correction to rationale of Iron ore 61% and 62% Fe fines, CFR Qingdao: pricing notice

From fastmarkets.com

The price and laycan of a fixed-price Pilbara Blend fines transaction concluded on a public platform were erroneously recorded in the trade log in these indices’ rationale. The trade log entry has been corrected as follows: Rio Tinto, Beijing Iron Trading Center (COREX), 170,000 tonnes of 61% Fe Pilbara Blend fines, traded at $103.70 per tonne, laycan November 1-10 Rio Tinto, COREX, 170,000 tonnes of 61% Fe Pilbara Blend fines, traded at $103.95 per tonne, laycan November 3-12 Rio Tinto, bilateral trade, 170,000 tonnes of 62% Fe Pilbara Blend fines traded at the November average of a 62% Fe index with a discount of ... (full story)

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  • Category: Fundamental Analysis