China: Iron ore spot prices inch down d-o-d
Iron ore fines (Fe 61%) spot prices dropped by $0.35/dmt to $99.6/dmt d-o-d CFR China on 12 Feb'26, as trading activity remained subdued. Demand for iron ore stayed thin, with market participants showing lack of interest ahead of the upcoming Lunar New Year holidays. Buying inquiries and bids were limited, as many traders have already begun their holiday break.