Seaborne pellet premiums extend gains on interest in higher grade cargoes

摘要

Singapore—Seaborne pellet premiums strengthened on a preference for higher grade cargoes despite weaker Chinese demand. S&P Global Platts assessed the spot blast furnace pellet premium over the 62% Fe Iron Ore Index assessment at $64.65/dry mt CFR North China on March 31, up $3.70/dmt from March 24, after adjusting to a 65% Fe basis. The 64% Fe blast furnace pellet was assessed at $207.20/dmt CFR North China on March 31, up $1.20/dmt week on week. The premium was assessed at $46.65/dmt CFR North China, up $1.50/dmt week on week.