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Home > Iron ore: firm supply demand and macro factors support Chinese port prices

Iron ore: firm supply demand and macro factors support Chinese port prices

29 January 2024 | Commodities, Commodities, Economy, Futured, Highlights, News

Despite large unloading volumes, sufficient supply and ample inventories at Chinese ports, port prices were supported in the week ending 26 January by strong supply demand from steel mills and macroeconomic factors ahead of the Lunar New Year holiday. The Chinese iron ore market received a stimulus boost after the People's Bank of China announced […]

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