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Thursday, 29 Oct 2009
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Indian iron ore spot prices improves by 1pct on week opening
Thursday, 29 Oct 2009

GradeChange%
Fe 63.5/63%11.4%
Fe 63.5/62.5%11.4%
Fe 63/62 %11.4%
Fe 62 / 61%11.5%
Fe 61 / 60 %11.6%
Fe 60/59 %11.7%
Fe 59 / 58 %11.8%
Fe 58 / 57%11.9%
Fe 57/56 %12.0%
Fe 56/55%12.2%
Fe 55/54 %12.4%
Fe 54/ 53 % 12.6%
Fe 53/52 %25.9%


Change is on October 27th 2009 as compared to October 23rd 2009
In USD per tonne
Delivery FOB India port

GradeChange%
Fe 63.5/63%34.2%
Fe 63.5/62.5%45.8%
Fe 63/62 %46.0%
Fe 62 / 61%46.3%
Fe 61 / 60 %46.7%
Fe 60/59 %47.1%
Fe 59 / 58 %35.5%
Fe 58 / 57%47.8%
Fe 57/56 %36.4%
Fe 56/55%37.0%
Fe 55/54 %37.5%
Fe 54/ 53 % 38.1%
Fe 53/52 %39.1%


Change is on October 27th 2009 as compared to October 22nd 2009
In USD per tonne
Delivery FOB India port

The total stocks at Chinese ports as on October 23rd is as follows:

Australian BrazilianIndian Total
23.93 19.5812.8 68.7


Stock in million metric tones (mmt)

To know exact levels, likely scenario, domestic iron ore spot prices at Bellary and Burbil and FOB East Coast spot prices subscribe to “Iron Ore Services” of www.steelprices-india.com by registering or sending a mail to admin@steelprices-india.com along with your full contact details. Please note that this is a paid service.

The accuracy and the speed of reporting changes is well appreciated by not only Indian miners, but by global iron ore majors as well as Chinese mills as many of them have subscribed to this service to maintain another but solid listening post as far as Indian spot market is concerned.

(Sourced from www.steelprices-india.com)


 

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