Asia pellet premiums remain supported amid weakness in fines

摘要

Singapore—Liquidity in the Asian seaborne iron ore pellet market froze due to the fines market slump, while the relative price resilience kept pellet premiums high, sources said. S&P Global Platts assessed the spot blast furnace pellet premium to the 62% Fe Iron Ore Index assessment at $52.15/dry mt CFR North China on March 10, up $1.10/dmt from March 3, after adjusting to a 65% Fe basis. The 64% Fe blast furnace pellet was assessed at $204/dmt CFR North China on March 10, down $7/dmt week on week. The premium was assessed at $40.35/dmt CFR North China, up $4.80/dmt week on week.