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China's Iron Ore Price Index On September 6, 2017

China iron ore price index (CIOPI)

On September 6, China's iron ore price index (CIOPI) was 272.04, down 4.33 from the previous month, a decline of 1.57 percent.Among them: the domestic iron ore price index is 242.85 points, up 0.85 points from the previous month, and the increase is 0.35%.The import iron ore price index was 276.45 points, down 5.11 points from the previous month, a decline of 1.81 percent.

Imported iron ore price (OPI)

On September 6, the cost of the direct import of the 62% grade dry base powder of iron ore was $74.67 / ton (i.e., $1.2044 / ton), down by 1.38 usd per ton, and the decline was 1.81%.The average price for the month was $75.80 a ton.

On September 6, the value of the Chinese iron ore in the spot trade was 629.38 yuan/ton, which was 629.38 yuan/ton, down 10.87 yuan per ton from the previous month, a decline of 1.70%, and the average price was 639.14 yuan/ton.

On September 6, the cost of the direct import of the 58% grade dry base powder for iron ore was $61.76 / ton ($1.0648 / ton), down by $1.56 per ton, or 2.46%.The average price for the month was $62.90 a ton.

On September 6, the tax price of the Chinese iron ore in the spot trade was 511.33 yuan/ton, which was 511.33 yuan per ton, down 10.92 yuan per ton from the previous month, and the decrease was 2.09%, and the average price was 520.48 yuan/ton for the month.

Domestic iron ore prices

On September 6, the taxable price of the iron ore concentrate with 62% grade of domestic iron ore was 624.89 yuan/ton, up 2.17 yuan per ton, and the increase was 0.35%.It was 4.49 yuan/ton lower than imported iron ore, with a decline of 0.71%.The average price for the month was 623.73 yuan/ton, which was 15.41 yuan/ton less than the imported iron ore, a decline of 2.41 percent.

On September 6, the tax price of the Chinese iron ore with 65% grade dry base iron ore was 696.42 yuan/ton, up 2.52 yuan per ton from the previous month, and the increase was 0.36%.The average price for the month is 695.07 yuan/ton.


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