Singapore—Seaborne iron ore prices edged up Monday, on the back of a supportive paper market. S&P Global Platts assessed the 62% Fe Iron Ore Index at $88.75/dry mt CFR North China Monday, up $1.50/dmt from Friday. The front-month January TSI swap was up $1.80/dmt from Friday at $86.40/dmt Monday. Market sources saw support for iron ore prices due to improved macroeconomic factors and amid expectations of winter restocking activities. China’s official Purchasing Managers’ Index (PMI) rose to 50.2, according to data released by the National Bureau of Statistics Saturday, passing the 50 mark for the first time since April, indicating an expansionary economy.
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机译:新加坡海运铁矿石价格在周一上涨,在一个支持性纸市场的后面。 S&P Global Platts将于周一至多$ 1.50 / DMT的88.75美元/干式MT CFR North China的62%Fe铁矿石指数评估。 星期五,前一个月的TSI Swap互惠每天至周五为$ 86.40 / dmt。 由于提高了宏观经济因素,并且在对冬季补货活动的期望下,市场来源支持铁矿石价格。 根据国家统计局周六公布的数据,中国官方采购经理人指数(PMI)升至50.2,根据4月以来首次传递50次标志,表明扩张性经济。
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