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DetailsThe midpoint value is typically 2%-5% lower than the underlying spot physical price. The iron ore price on Singapore's SGX and on the Dalian Commodity Exchange hit a record high, based on demand due to high Chinese steel production, and concerns about supply, Commerzbank analyst Daniel Briesemann said in a Dec. 11 report.
DetailsPhoenix Pulp & Paper upgrades BHK pulp line at Nam Phong mill, Thailand. September 18, 2020. APP announces having sold out its October BHK pulp shipments. September 18, 2020. Large new round of China RCP quotas keeping OCC prices strong across Asia. September 18, 2020. Some paper and board prices drop in Korea over third quarter due to low demand
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DetailsIron ore's most-active January contract on the Singapore Exchange rose as much as 6.7% to $127.95 a tonne, its highest since Oct. 12. But the most-traded May contract on China's Dalian Commodity Exchange erased earlier gains to close 1.3% lower at 673.50 yuan ($105.60) a tonne, retreating from a seven-week peak.
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