The China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters has released the average reference prices for import transactions of Fe 63.5% Indian iron ore concluded last week on April 7th 2009.
Delivery This week Last week
FOB Indian port USD 54-USD 56 USD 55-USD 56
CIF Chinese port USD 65-USD 66 USD 66-USD 67
The change is with respect to prices posted on March 30th 2009
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Source : SteelGuru