It's reported that the spot iron ore prices have continued to drop recently.
At present, the quotes of Australia Pb fines contain 31.5% Fe to China are at US$145~US$146/ton C&F and that of Australia Yandi fines contain 58% Fe to China is at US$132~US$133/ton C&F, down by US$1/ton respectively.
Meanwhile, it's known that that the quotes of Indian ore fines contain 63%~63.5% Fe to China are at US$147~US$149/ton C&F, decreasing by US$1/ton; that of Indian ore fine contain 61%~62% Fe is at US$137~US$139/ton C&F, down by US$2/ton