MMI Daily Iron Ore Index Report October 22 2026

AI Summary

Iron ore prices declined across Chinese futures, port spot and seaborne markets on October 22, 2026. The DCE most-traded contract fell 1.83% to 669 yuan per tonne, while Qingdao products and seaborne indices also posted losses.

Today’s decline extended across domestic futures, port spot and seaborne markets, testing the earlier recovery again. DCE most-traded closed at 669.0 yuan/mt, down 1.83%, and all eight Qingdao products fell 9 yuan/wmt. The seaborne 61% index eased to USD 88.60/dmt and the 65% to 106.25, with all 12 brands lower. The aligned price moves indicate ...