15 Dec 2021 | 06:43 UTC

Platts corrects Dec. 14 Asia Daily Iron Ore (IODEX) Rationale

S&P Global Platts has corrected the Dec. 14 Asia Daily Iron Ore (IODEX) rationale.

The rationale should have included that: The following trade was excluded from the Dec. 14 Asian iron ore Platts Market on Close assessment process: Xinsha International Pte. Ltd. sold a 62%-Fe Australian PBF to Royalline Trading Pte. Ltd. at $107.65/dmt CFR Qingdao, 100,000 (+/-10%) mt, load port laycan Jan 4-13, 5:27 pm Singapore time.