WEEKLY IRON ORE WRAP: Prices rise, port stocks tighten

摘要

The Platts 62% IODEX increased $0.90/dmt from last Friday to $83.55/dmt Thursday amid tightening port inventory levels as well as expectations of increased supply to China. Market sources pointed to a more visible preference for discounted cargoes on increasing end-user emphasis on managing production costs as well as lesser volumes at the ports.